Zero Tariffs——A Blessing or a Curse?

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Opinions are split on the impact of WTO’s trillion-dollar IT trade deal on ChinaThe 54 WTO members representing major exporters of information technology(IT)products finalized a deal in Geneva on July 24 to eliminate tariffs on 201 such products,in an effort to boost global trade of goods ranging from video games to medical equipment.The agreement came as an update of WTO’s 18-year-old Information Technology Agreement(ITA).Among the products added to the list of goods covered by zero-tariff trade are Opinions are split on the impact of WTO’s trillion-dollar IT trade deal on China 54 WTO members representing major exporters of information technology (IT) products finalized a deal in Geneva on July 24 to eliminate tariffs on 201 such products, in an effort to boost global trade of goods ranging from video games to medical equipment. The agreement came as an update of WTO’s 18-year-old Information Technology Agreement (ITA) .Among the products added to the list of goods covered by zero-tariff trade are
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