(22.04.) The 2014 National Trade Estimate Report, published earlier this month by the Office of the U.S. Trade Representative (USTR), targets financial, privacy, health, and other public interest policies of each TPP nation as „trade barriers“ that the U.S. government seeks to eliminate. The report offers unusual insight into why negotiations over the sweeping, 12-nation deal are contentious and have repeatedly missed deadlines for completion.
The policies of other TPP nations criticized by the 384-page USTR report include New Zealand’s popular health programs to control medicine costs, an Australian law to prevent the offshoring of consumers’ private health data, Japan’s pricing system that reduces the cost of medical devices, Vietnam’s post-crisis regulations requiring banks to hold adequate capital, Peru’s policies favoring generic versions of expensive biologic medicines, Canada’s patent standards requiring that a medicine’s utility should be demonstrated to obtain monopoly patent rights, and Mexico’s “sugary beverage tax” and “junk food tax.”