Wednesday, August 17, 2022

Logo Central America Link

Washington removes Costa Rica from developing nations list

Wednesday, March 4, 2020

The Trump administration is changing a key exemption to America’s trade-remedy laws to make it easier to penalize about two dozen so-called developing countries including Costa Rica and Colombia.

Also included in the list were China, India and South Africa. Washington said the change was necessary because America’s previous guidance — which dates to 1998 — is obsolete, Bloomberg reports.