The state of the Doha Round is not good. Consider the following.
"U.S. officials lashed out at India, Brazil and other large developing nations, saying that their proposal to exempt a broad range of industrial goods from tariff cuts could blow up continuing global trade negotiations."
"Brazil on Wednesday criticized what it called an 'irrational' U.S. position in struggling global trade talks, a day after Washington said a liberalization pact was in peril because developing countries were refusing to open up their manufacturing markets."
"The WTO is expected to break its own rules by not holding a ministerial conference in 2007 given the low chances of securing a global trade deal by the year's end, trade sources said Tuesday."
I have a hard time figuring out how much of this is just hard-line negotiating and how much is the result of a general lack of enthusiasm for reaching an agreement.
