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"I don't expect anything very concrete to come out of these talks because there's obviously a lot at stake, but there's not much prospect for any real agreement," said James Boughton, senior fellow at the Center for International Governance Innovation and former International Monetary Fund historian.

"On the positive side, we should be looking for any sign of softening of the U.S. position on trade, because this current strategy of trying to reject all existing trade deals, reject really any kind of multilateral deals in favor of bilateral negotiations in which the U.S. is trying to get to better deals than...

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