WTO talks on duty-free trade in IT goods collapse

By Tom Miles GENEVA (Reuters) - Talks on cutting trade tariffs on hundreds of information technology products collapsed on Friday, delaying and potentially scuppering a deal estimated to be worth $1 trillion to global trade. "This is potentially an enormous deal. We missed an opportunity here this week to conclude," U.S. Ambassador Michael Punke told reporters at the World Trade Organization (WTO). The talks aimed to update the WTO's 17-year-old Information Technology Agreement, w