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There a new global trade agreement that will IT products cheaper. More than 50 countries to tariffs and import duties on over 200 IT products. All 28 countries from the European Union , as well as China, Japan, South Korea, the U.S. and others. The deal was signed at a World Trade Organization meeting in Geneva. It will a wide variety of products, including smartphones, digital cameras, ink cartridges, video game consoles and even telecommunications satellites. Import duties will completely from the selected IT products in the next four years. The deal to $1.3 trillion worth of global trade. This about 7 per cent of all world trade.

Many people the deal will be good for the world. The EU Trade Commissioner, Cecilia Malmström, said: "This is a great deal for consumers, and for companies big and small. We've hard [on] this compromise between different countries to the best solutions." She : "This deal will costs for consumers and business - in particular, for smaller firms, which have hit especially hard…in the past." Ms Malmström hopes more countries will up to the deal in the next few years. She said: "It clearly that countries around the world can together to solutions that benefit everyone. I [expect to see] other countries joining soon."