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EU approves conditions for limited trade talks with U.S.

Reference: CTV News

BRUSSELS -- The European Union approved Monday its terms for negotiating a new trade deal with the United States, but set up a possible show-down with Washington by refusing to include agricultural products in the talks.

Making public the mandate for the EU's executive commission to conduct negotiations on their behalf, the bloc's member countries said that the new deal will focus exclusively on eliminating tariffs on industrial goods.

EU Trade Commissioner Cecilia Malmstrom said the commission wants to wrap the talks up within six months, and that she would contact her U.S. counterpart Robert Lighthizer later Monday to work out when formal negotiations might begin...Read More