The World Trade Organization (WTO) has granted a temporary reprieve to the e-commerce tariff moratorium, allowing it to continue for the time being. The moratorium, which prohibits member countries from imposing tariffs on electronic transmissions, was set to expire at the end of 2019.
This decision comes after intense negotiations among WTO members, with some countries advocating for the moratorium to be allowed to lapse while others pushed for its extension. The moratorium has been in place since 1998 and has played a crucial role in fostering the growth of digital trade globally.
