UK Economy


The EU and US are blaming each other for the deadlock in the World Trade talks. WTO head says they are merely ’stalled’ and not collapsed.

The talks are aimed at reaching agreement over agricultural subsidies.

  • The US claim that the EU will not open up it’s markets.
  • Europe blamed US inflexiblity
  • If talks remained deadlocked or fail completely, it may result in higher prices for Europe.
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