The U.S. might not participate in new trade talks.
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Special Trade Representative Clayton K. Yeutter said that if certain items, including agriculture and services, are excluded from the agenda of next week’s 93-nation trade conference in Uruguay, the United States may walk away from a proposed new round of world trade talks. The new round of global trade negotiations, under the auspices of the General Agreement on Tariffs and Trade, has long been a key element of the Reagan Administration’s trade policy.