The U.S.-Mexico long-haul trucking dispute could finally be resolved by late summer under an agreement announced by Presidents Barack Obama and Felipe Calder\u00c3\u00b3n last week.<\/p>\n
Last year Mexico instituted $2.4 billion in retaliatory tariffs against U.S. exports, including pork and dairy products, because of the failure to resolve a dispute over allowing Mexican trucks and drivers to operate on long hauls in the United States.<\/p>\n
\u00e2\u20ac\u0153Our Council members have raised concerns about the possibility that corn, sorghum and distiller\u00e2\u20ac\u2122s grains could become subject to these tariffs,\u00e2\u20ac\ufffd said Floyd Gaibler, U.S. Grains Council director of trade policy.<\/p>\n
\u00e2\u20ac\u0153Hopefully, this agreement will avoid potential action against our commodities.\u00e2\u20ac\ufffd<\/p>\n
Full details of a program to implement the announcement are expected to come later this spring, which will be released by the U.S. Department of Transportation for a 30-day public comment period.<\/p>\n
Once a final agreement is signed \u00e2\u20ac\u201c possibly as early as April or May \u00e2\u20ac\u201c Mexico will reduce its tariffs by 50 percent on all affected commodities. The remaining 50 percent will be lifted when the program takes effect. U.S. administration sources indicate that could be by August.<\/p>\n
\u00e2\u20ac\u0153There will continue to be efforts by U.S. business and agricultural groups to keep pressure on the administration and Congress to make sure this agreement doesn\u00e2\u20ac\u2122t get held up or delayed,\u00e2\u20ac\ufffd said Gaibler, noting that Mexico retains the right to reinstate the tariffs under those conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"
The U.S.-Mexico long-haul trucking dispute could finally be resolved by late summer under an agreement announced by Presidents Barack Obama and Felipe Calder\u00c3\u00b3n last week. Last year Mexico instituted $2.4 billion in retaliatory tariffs against U.S. exports, including pork and dairy products, because of the failure to resolve a dispute over allowing Mexican trucks and … <\/p>\n