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U.S., Mexico sign trucking agreements - World Report - World - Dalje.com
MEXICO CITY, July 6 (UPI) -- U.S. Transportation Secretary Ray LaHood and his Mexican counterpart signed agreements resolving a dispute over long-haul, cross-border trucking services.
The new program, signed Wednesday in Mexico City by LaHood and Mexico's secretary of communications and transportation, Arturo Perez-Jacome Friscione, paves the way for Mexico to lift retaliatory tariffs it imposed more than two years ago on more than $2 billion in U.S. manufactured goods and agricultural products, the U.S. Transportation Department said in a release.
Mexico will suspend 50 percent of the retaliatory tariffs within 10 days and the remaining tariffs within five days of the first Mexican trucking company receiving its U.S. operating authority, officials said.
The tariffs are expected to disappear within a few months, Transportation officials said.
U.S., Mexico sign trucking agreements - World Report - World - Dalje.com
MEXICO CITY, July 6 (UPI) -- U.S. Transportation Secretary Ray LaHood and his Mexican counterpart signed agreements resolving a dispute over long-haul, cross-border trucking services.
The new program, signed Wednesday in Mexico City by LaHood and Mexico's secretary of communications and transportation, Arturo Perez-Jacome Friscione, paves the way for Mexico to lift retaliatory tariffs it imposed more than two years ago on more than $2 billion in U.S. manufactured goods and agricultural products, the U.S. Transportation Department said in a release.
Mexico will suspend 50 percent of the retaliatory tariffs within 10 days and the remaining tariffs within five days of the first Mexican trucking company receiving its U.S. operating authority, officials said.
The tariffs are expected to disappear within a few months, Transportation officials said.