April 10, 2014

cobramonsterboy777 asked: Hello. :) I just want to inform you that Obama is going to tour Asia this month in order to finalize the TPP. He will do so by negotiating with Japan and Malaysia. Are you willing to take action yet?

We need to do more research but for now, we’re not ready to push anything to the forefront, in large part because of articles from today like this one which says there is an “impasse between the US and Japan over import tariffs” and because of that, Obama is unlikely to “conclude even a broad agreement in principle” regarding the Trans Pacific Partnership. 

The Wall Street Journal’s reporting is similar: 

“We’ve made some progress over the last two days, but there are still considerable differences in our positions on key issues,” U.S. Trade Representative Michael Froman told reporters at the end of a hastily scheduled trip aimed at reaching a deal before the summit.

We are definitely keeping an eye on it, because negotiations can have breakthroughs. But there wasn’t one on April 9 or 10. 

For anyone who’s interested in reading about how bad the TPP would be for medicine and medical devices, which are generally protected by patent, trademark and copyright laws, check out this piece in the Huffington Post. Doctors, hospitals and insurance companies don’t want the TPP to be fast-tracked, or become law. And the more people and businesses (with high-powered lobbyists) who are against it, the less likely it is that it will become law (in the US). 

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