Cobden and Chevalier begin treaty negotiations
Labels: Richard Cobden, Michel ChevalierIn late 1859, British free-trade advocate Richard Cobden and French economist Michel Chevalier helped open negotiations for a new commercial agreement between Britain and France. The talks aimed to reduce tariffs (taxes on imports) and ease long-running trade frictions between the two countries. These negotiations set the stage for a wider European push toward treaty-based tariff reductions.