US Trade Representative Greer Calls for New Global Trading Order

US Trade Representative Greer calls for new global trading order

US Trade Representative Jamieson Greer urged G20 economies in Milwaukee to build a "new international economic order," arguing that outdated global trade frameworks fail to address modern challenges like excess industrial capacity, forced labour, and market distortions.

US questions Most-Favoured-Nation cornerstone of global trade

Digital Desk | Milwaukee, Oct 1 (IANS) The United States has challenged one of the foundational principles of the global trading system, arguing that unconditional Most-Favoured-Nation treatment can prevent countries from responding effectively to unfair and distortive trade practices. US Trade Representative Jamieson Greer on Wednesday (local time) put reform of the Most-Favoured-Nation, or MFN, principle at the centre of discussions as he op…