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Mexico retaliates for cross-border trucking program cut

Published Tuesday, March 17, 2009

Mexico has put tariffs of approximately $2.4 billion on about 90 U.S. goods from 40 states in a retaliatory measure after the U.S. ended the cross-border trucking program and prevented select Mexican trucks from operating beyond the U.S. border commercial zones, Bloomberg reported. While the Mexican government did not provide details, Bloomberg said the tariffs would include farm goods such as rice, beef, wheat and beans. “We consider this action by the United States to be wrong, protectionist and clearly in violation of the treaty,” Mexico Economy Minister Gerardo Ruiz Mateos said in a statement. ...

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