Austria and France have proposed ending the current round of trade talks between the US and the EU and starting fresh talks under a new name and with different substantive headings to resume after the US presidential elections. Washington and Brussels are officially committed to sealing the free trade deal before President Obama leaves office in January, but their chances of doing so are being eroded by approaching elections on both sides of the Atlantic and Britain leaving the EU. Austria signalled last month that it would request a halt to TTIP talks after German Economy Minister, Sigmar Gabriel, declared that they were "de facto dead". France is reported to have said that the US had demanded too much and not compromised enough.