12-12-2014 17:43 via uk.news.yahoo.com

WTO talks fail to clinch deal on trillion dollar IT tariff cuts

By Tom Miles GENEVA (Reuters) - Talks on cutting trade tariffs on hundreds of information technology goods failed to reach agreement on Friday, diplomats at the World Trade Organization (WTO) said. "We don't have a deal," one trade ambassador told Reuters as he entered the closed-door meeting. Several diplomats said they were disappointed at the failure of a reform potentially worth a trillion dollars, and that they would now take stock before deciding how to take the talks forwar
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