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Smoke and Mirrors

Making Sense of WTO Industrial Tariff Negotiations

  • Author: UNCTAD
  • Publication date: June 2006
  • Page count: 72
  • Language(s) in this book: English
  • Sales number: 05.II.D.16

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About the product

Tariffs for industrial products are a key element of the ongoing WTO negotiations. However, rather than clarifying the issues, the framework text agreed on 1 August 2004 leaves considerable uncertainty about the future direction of the talks. This paper looks in some detail at the main implications for trade flows, tariff revenues, welfare and sectoral output for various countries and regions under proposals currently being considered in the WTO.