Caribbean should assess US approach to unilateral preferential trade arrangements
BY Elizabeth Morgan. (jamaicaobserver.com) Since the start of this year, on several occasions US President Donald Trump has said that his favourite words are “reciprocal” and “reciprocity”. In trade, reciprocal means that both parties in a trade arrangement exchange preferential concessions for market access. Non-reciprocal means that only one party (the more developed country) unilaterally […]