U.S. Jump-Starts Bid to End Truck Dispute With Mexico

January 10, 2011 at 7:00 am

The Obama administration launched a bid to resolve a festering trade dispute with Mexico over allowing foreign truckers onto U.S. roads.

Transportation Secretary Ray LaHood said Washington would seek talks with Mexico over a U.S. ban on that country’s trucks operating north of the border. The ban has prompted Mexico to slap punitive tariffs on some $2 billion in U.S. goods.

Mr. LaHood sent a blueprint to Congress outlining principles the White House would push. Mr. Obama could end the ban without congressional approval, but he is seeking to get key Democrats and others on board.

The transportation secretary said a formal proposal could emerge in coming months, and another U.S. official said the goal was to have the nearly two-year-old ban lifted “as soon as possible.”

A Mexican official said that while Mexico welcomed the proposal, it was “just an initiative” and would not yet prompt the country to lift the punitive tariffs. Mexico says the ban violates the North American Free Trade Agreement. Read More

Source: J. MITCHELL, Wall Street Journal, January 7, 2011

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Entry filed under: Logistics, Mexico, Trade.

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