U.S., Mexico Announce Plan to End Truck Dispute

By Webmaster on March 1, 2011 11:50 AM
On March 3, President Obama and Mexican President Felipe Calderón announced an agreement in principle to end the U.S.-Mexico cross-border trucking dispute. Under the plan, Mexican trucks operating in the United States will have to meet the highest U.S. safety standards, and Mexico will suspend its retaliatory tariffs on a wide array of U.S. products. Once a full agreement is reached, Mexico will lift half the tariffs, and the remainder will be eliminated once the first Mexican truck is allowed to enter the United States. U.S. Chamber President and CEO Thomas J. Donohue stated: "This is an important step to promote job growth on both sides of the border and shore up our bilateral relationship. It is long past time for the United States to live up to its trade commitment and allow cross-border trucking services... Nowhere in the world does the United States have a higher stake in the success of a partner than in Mexico. We are now pressing the Administration and Congress to finalize the agreement, move the United States into compliance, and allow an end to these job-killing tariffs."

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