GENEVA — A plan presented at the World Trade Organization aimed at trying to bring countries closer to an agreement in the Doha Round trade talks seems to instead be driving them further apart.
Peter Allgeier, deputy U.S. trade representative, told delegates Tuesday that the Doha talks are at risk of failure unless major emerging economy countries are prepared to open their markets more for industrial goods and make deeper tariff cuts. Allgeier said without a successful outcome in the Non-Agricultural Market Access segment, aka NAMA, which includes apparel and textiles, there will be no Doha deal.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"