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News & Insights

Mexico Expands Retaliatory Tariffs in Trucks Dispute

August 16, 2010


Excerpt: Mexico stepped up its pressure on the U.S. in the dispute over cross-border trucking on Monday, expanding the list of American goods that will be hit with punitive tariffs… The announcement came as President Obama signed a $600 million bill to increase security on the U.S.-Mexican border and add customs officers at ports of entry. U.S. manufacturers and food growers are pressing Congress and the Obama administration to act on a long-delayed replacement cross-border trucking plan. “Ignoring the trucking issue and failing to abide by our trade commitments has real economic costs,” said Bill Reinsch, president of the National Foreign Trade Council.

http://www.joc.com/trade/mexico-expands-retaliatory-tariffs-truck-dispute 

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