U.S. and Mexican Presidents Agree to End Cross-border Trucking Dispute
March 4, 2011
On March 3, 2011, during Mexican President Felipe Calderon’s visit to the Washington D.C., President Obama and Mexican President Calderon announced that they have reached an agreement to resolve the U.S.-Mexico cross-border trucking dispute. The White House expects to have a draft final agreement ready in the near future that allows for the establishment of a reciprocal, phased-in program with high safety standards. Mexico has agreed to begin phasing out its retaliatory tariffs when an agreement is signed. Once a final agreement is signed, Mexico will reduce the retaliatory tariffs by half, and it will suspend the other fifty percent when the first Mexican carrier is granted operating authority under the program. Mexico has agreed to terminate all current retaliatory tariffs once the program is “normalized.”
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