Thursday, March 3, 2011

US and Mexico reach proposed deal over trucking dispute

Once again, oddly, I must applaud the Obama Administration for ending this 20 year feud. US and Mexican carriers were authorized to cross the border under the 1994 North American Free Trade Agreement, but the US has refused to allow Mexican trucks access over concerns of their ability to meet US safety and environmental standards.This resulted in harsh retaliatory tariffs on US products from Mexico.

And end to these archaic tariffs will promote jobs on both sides of the border and open up a viable US market that will bring much needed growth at home. The administration hope to send an official deal to Congress by spring.

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