MEXICO CITY — Mexico is moving to install tariffs on 90 US products after US President Barack Obama terminated the controversial cross-border truck program last week. The move would affect $2.4 billion worth of agricultural exports, according to media reports.
The pilot project, which got underway in September 2007, allowed up to 100 Mexican carriers to operate in the US. The project was criticized from the start by several special interest groups, including the Teamsters, the Owner-Operators Independent Drivers’ Association, and the Sierra Club, with many expressing concern that Mexican trucks would not meet the same safety standards as American trucks.
Obama has reportedly responded to the news by saying his administration will work to create a new cross-border program that will address the country’s NAFTA commitments.
–With files from strtrade.com
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