US, Mexico Resolve 2-Year Trucking Dispute

Law360, New York (March 3, 2011, 5:11 PM EST) -- The U.S. and Mexico agreed Thursday on a "clear path" to reopening the U.S. border to Mexican cargo trucks, ending a two-year dispute that led the Mexican government to impose tariffs on industrial and agricultural products worth billions of dollars.

President Barack Obama and Mexican President Felipe Calderon said the agreement would involve a phased-in program based on high safety standards for both Mexican and U.S. long-haul trucks under the North American Free Trade Agreement.

Under the deal, Mexico will suspend half of its retaliatory tariffs...
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