
Trade Negotiations.
Trade negotiations are discussions between countries aimed at establishing agreements on how they will exchange goods and services. These negotiations cover issues like tariffs (taxes on imports), quotas (limits on quantity), and standards (regulations on quality and safety). The goal is to create mutually beneficial terms that can enhance trade, promote economic growth, and strengthen relationships between nations. Successful negotiations can lead to free trade agreements, reducing barriers, and fostering an environment where businesses can operate more freely across borders.