Up until this week, Mexican trucks were prohibited to travel within 25 miles of the border.
This change, in what was part of the NAFTA agreement signed in 1994, was made with the inception of President Obama, most probably due to security concerns.
“The agreement signed today between the governments of Mexico and the United States to resolve the cross-border long-haul trucking dispute is a major win for U.S. agriculture, American jobs and our nation’s economic prosperity,” U.S. Agriculture Secretary Tom Vilsack wrote in a release.
Mexico will lower existing tariffs ranging on U.S. goods by 50 percent at the start of the program and the remaining 50 percent will be suspended shortly after Mexican trucks are allowed to cross.
Click here to read more.
No comments:
Post a Comment