EU Shocked at Collapse of Trade Talks as Australia Walks Away

  • Both sides have been working toward a deal for five years
  • Australia also walked out of the last round three months ago
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European Union officials voiced their shock after Australia’s top negotiator pushed back from a potential trade deal with the 27-nation bloc for the second time in a matter of months.

Despite optimism ahead of planned discussions in Osaka, Japan, the two sides were never actually able to sit down to make a final breakthrough over the weekend.