U.S. and Mexico Sign Trucking Deal
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U.S. and Mexico Sign Trucking Deal
Mexican President, Felipe Calderón and President Obama
By Binyamin Appelbaum
Mexican truckers will be able to carry goods deep into the United States, and vice versa, under a deal signed Wednesday in Mexico City to keep a 17-year-old promise.
As part of the deal, Mexico will eliminate tariffs on $2.3 billion of American goods and agricultural products as soon as the first Mexican truck obtains a permit and is allowed to enter the United States. As a preliminary step, the tariffs will be reduced 50 percent by the end of this week.