Details of the US Mexico Trucking Agreement
New details have been released outlining the process by which trucks from Mexico can operate in the US. Here are the highlights as reported by officials from Mexico. These may be subject to change, and may be different from the final version of the agreement.
- There is no limit to the number of trucks that will be permitted to operate in the US
- An initial application and inspection will take place in Mexico
- Once the initial application is approved, trucks will be able to operate in the US, subject to frequent and thorough inspections for the first 3 months. Inspections will lesson over time.
- After 18 months of inspections, and a clean record, Mexican based trucks can permanently operate fully within US borders. Authorization can only be revoked when safety regulations are broken.
The cross border deal was recently reached between US President Obama and Mexican President Calderon. In response to letting Mexican trucks operate in the US, Mexico will eventually eliminate retaliatory tariffs on US goods of over $2 Billion dollars annually.
"This is a great step forward in our bilateral relations," Mexican Economy Minister Bruno Ferrari said. "The solution to this conflict represents a substantial advance for regional competitiveness, and, without a doubt, will offer new business opportunities for Mexican truckers."
Supporters of the agreement argue that it will reduce improve the economy by eliminating expensive border crossings and the retaliatory tariffs by Mexico.
Opponents of the agreement feel the agreement compromises a variety of jobs in the US including truck drivers and other transportation industry staff.
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