The WTO Just Came To A Historic Trade Deal -- Here's What You Need To Know

The World Trade Organization (WTO) reached a major trade reform agreement on Saturday, the first in its history. The deal required unanimous approval from the 159 countries involved and took until the final hour to complete. This round of talks, known as the Doha Round, began back in 2001 and has seen little success. Member countries had already given up finding a compromise that would reduce tariffs and quotas and instead were looking to strike any deal. Since the WTO needs a consensus to pass ...