Trade negotiations between the EU and U.S., kicked off by President Juncker and President Trump in July, may have hit a stumbling block as Commissioner Malmstrom and Secretary Ross exchanged accusations of slow progress. That comes as the Trump administration has informed Congress that it intends to proceed with wide-ranging talks from mid-January. One challenge is that the U.S. trade deficit with the EU continues to expand, rising 27% in August on a year earlier to hit an record high on an annualized basis. The U.S. will also want to make progress in the automotive industry, which accou...
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