July 17, 2013
by Reuters

The United States blamed China on Wednesday for a breakdown in trade talks aimed at eliminating tariffs on a new generation of technology products and everyday consumer electronics like speakers and flat-panel displays.

"The United States is extremely disappointed that it became necessary today to suspend negotiations to expand the Information Technology Agreement (ITA)," U.S. Trade Representative Michael Froman said in a statement.

"Unfortunately, a diverse group of members participating in the negotiations determined that China's current position makes progress impossible at this stage," Froman said.

To continue reading, please visit the official Reuters website.