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Fed's Bullard says trade talk outlook has "darkened"

CHICAGO, June 3 (Reuters) - St. Louis Federal Reserve bank president James Bullard said his call for a Fed rate cut "soon" was sparked by the fact that it now appears the U.S. is headed for protracted trade negotiations with key partners like China and Mexico, with no quick resolution in sight.

"The narrative on global trade has darkened," Bullard said. "The previous narrative was that deals were just around the corner and that trade issues would be resolved over the medium term. Now it looks like trade deals are not around the corner. There will be uncertainty that will extend out."

(Reporting by Howard Schneider Editing by Chizu Nomiyama)