Articles by Doug Palmer

U.S. Trade Chief Urges China to Lower Barriers

Potential Chinese moves to lower trade barriers could be as important as exchange rate reforms in easing economic strains with the United States, Washington’s top trade negotiator said as the two powers entered a second day of talks. Senior officials …

EU Official Says US ‘Serious’ about Getting Doha Round Trade Deal

A top European Union official said Monday she believed President Barack Obama was serious about reaching a deal in long-running world trade talks, but the time has come for all countries to show their cards. “I think first of all …

US Needs ‘Better Offers’ on Services from Doha Round Says Trade Rep

The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said Tuesday. “We know that the …

U.S. ‘Pay Czar’ to Have Power to Reject Compensation for Bailed Out Execs

The Obama administration on Wednesday will name a pay czar with the power to reject compensation plans for top employees at companies receiving “exceptional” government aid, an administration official said Wednesday. The administration will also call for “say-on-pay” legislation that …

WTO’s Lamy Presses U.S. as World Trade Tumbles

World Trade Organization Director General Pascal Lamy pressed U.S. trade officials Monday for a strong commitment to finishing the Doha round, while a U.S. business leader warned against accepting a “phony deal” just to wrap up the talks. Lamy’s trip …

US, EU Seek Doha Round Trade Deal ‘As Soon As Possible’

The top U.S. and European Union trade officials pledged Thursday to try to reach a deal in long-running world trade talks “as soon as possible,” but set no deadline for resolving tough remaining issues. “Extraordinary times require extraordinary leadership,” U.S. …

‘Dramatic’ WTO Farm Deal Close If Talks ‘Can Be Revived’

A world trade deal that dramatically opens livestock markets in the European Union, Canada and Japan is within grasp, if talks that collapsed last month in Geneva can be revived. U.S. Trade Representative Susan Schwab hinted at the scope of …