U.S. says will review whether to suspend Ecuador's trade benefits
WASHINGTON (Reuters) - The United States said on Thursday it was launching a review of whether to suspend trade benefits for Ecuador, hours after that country's foreign minister said it was renouncing them.
U.S. Trade Representative Michael Froman told reporters the administration had accepted an industry petition to consider revoking Ecuador's benefits under the Generalized System of Preferences program.
That petition pre-dates current tension between the two countries over former American intelligence contractor Edward Snowden, who is seeking asylum in the Latin American country.
(Reporting by Doug Palmer; Editing by Sandra Maler)
- White House reverses, says Obama met uncle and lived with him during law school
- Flights delayed as air pollution hits record in Shanghai
- South Africa mourns Mandela, will bury him on December 15 |
- Analysis: Boeing bidders dangle goodies to win 777X jetliner
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image