The US is postponing negotiations for a free trade deal with the European Union because of a partial shutdown of the US government, the Obama administration said today.
US Trade Representative Michael Froman called EU Trade Commissioner Karel De Gucht to say US officials could not travel to Brussels next week for talks due to the shutdown, Froman's office said in a statement.
Washington and the EU were due to hold a second round of negotiations for the Transatlantic Trade and Investment Partnership.
The US shutdown is but a precursor to a much bigger problem - in a couple of weeks the government, shutdown or not, will run out of cash.
Landmarks across the US have closed as the Congress failed to reach a deal over the budget.