GENEVA — Trading partners praised the U.S. at a World Trade Organization session here for maintaining an open trade and investment regime, but took issue with problematic policies in cotton, the maintenance of high tariffs in sectors such as textiles and apparel, and plans to scan all U.S.-bound container cargo by July 2014.
“As a result of the United States’ open markets, nominal U.S. imports of goods and services increased by 36 percent between 2009 and 2011 to $2.66 trillion,” said Michael Punke, U.S. ambassador to the WTO. “This is equal to $7.3 billion of imports of goods and services per day, or $5 million per minute.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)