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Vested interests hamper TPP trade talks

All 12 nations are asserting their particular economic and political interests; biggest problem may be intractable differences over intellectual property protection

Published Tue, Aug 4, 2015 · 09:50 PM
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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 US 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.

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