Nine days of intense talks in Geneva weren’t enough to forge a breakthrough in what remains an elusive deal in the World Trade Organization’s Doha round to open up global trade. The latest talks collapsed on Tuesday after the United States and India failed to find a compromise on measures intended to help poor countries protect their farmers against import surges, a diplomat said.One analyst said the failure could hurt U.S. exports, and therefore the economy and the dollar. Amid the current energy, food and financial crises, some analysts also said the failure of the talks would be a blow to the global economy.

Ministers could come back after the summer break for one last roll of the dice but some analysts said any deal would now likely be years away. Despite the latest failure, the United States said it remained committed to the Doha talks. “This is not a time to talk about a round collapsing,” U.S. Trade Representative Susan Schwab told reporters. “The U.S. commitments remain on the table, awaiting reciprocal responses.”

The question is, is it worth it? Do you think a global trade deal would have a significant impact on the economy? Would you be better off or worse? Send us your comments.