By  on May 16, 2006

GENEVA — The global trade talks aimed at lowering tariff barriers are threatening to collapse this summer unless the major players — the U.S., the European Union, Brazil, India and Japan — can find enough common ground to secure a deal for the Doha round to finish by the end of the year.

Right now, the World Trade Organization-sponsored talks are clouded by uncertainty and as one senior WTO trade diplomat put it: “The future of the Doha round is sitting on a knife’s edge.”

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