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U.S. warns WTO global trade talks "hurtling towards irrelevance"

The United States launched a blistering attack on fellow World Trade Organization member states on Thursday for failing to do more to cut global barriers to trade, criticizing India in particular for trying to introduce a "massive new loophole".

 

US trade deficit grew slightly to $42B in July

The U.S. trade deficit grew to $42 billion in July, widened by fewer exports to Europe, India and Brazil that offset a steep decline in oil imports.

 

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