Tuesday, August 4, 2015

Trans-Pacific Partnership Session Ends With Heels Dug In

WASHINGTON — Tokyo was ready to extend major concessions on American truck tariffs but was blocked by Mexico, which wanted less competition for its own trucks in the United States market.
Canada held firm on protecting its politically sensitive dairy market ahead of elections in October, but for New Zealand, a tiny country with huge dairy exports, that was unacceptable.
And virtually all of the parties hated American protections of pharmaceutical firms, but a compromise on that issue could cost the support of Republicans in Congress.
More:  http://www.nytimes.com/2015/08/04/business/international/trans-pacific-partnership-session-ends-with-heels-dug-in.html

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