Monday, March 7, 2011

U.S./Mexico Cargo Truck Agreement Expected To Create Jobs


U.S./Mexico Cargo Truck Agreement Expected To Create Jobs
From the office of US Congressman Henry Cuellar:
Washington, D.C. – Today, Congressman Henry Cuellar (TX-28) released the following statement after President Barack Obama and President Felipe Calderon announced an agreement has been reached between the United States and Mexico on cargo trucks:
“This agreement is great news for Texas producers and an important step to more open, transparent and efficient trade between the two countries. Lower tariffs mean more jobs in the 28th district and around the country.
“This agreement is one more way to create jobs and drive the U.S economy. Everyday, more than $1 billion in goods move across the U.S.-Mexico border. This historic and important agreement has far-reaching implications that will benefit both countries for years to come.”
Background:
The agreement reached today by President Barack Obama and President Felipe Calderon calls for the immediate lift of 50 percent of the tariffs to allow U.S. cargo trucks to travel into Mexico. The agreement also establishes a reciprocal, phased-in pilot program that allows Mexican trucks to operate inside the U.S. provided they comply with a series of safety and driver skills and language tests monitored by the U.S. Department of Transportation.
The remaining 50 percent of tariffs would be lifted when the first Mexican carrier receives authorization under the new program. The Office of U.S. Trade Representative, Ron Kirk, will ensure the tariffs are lifted as agreed.

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