Oct 25, 2011

Mexico drops all tariffs

On Oct. 21, the government of Mexico formally suspended 100 percent of the retaliatory tariffs on exports from the United States, according to the Produce Marketing Association (PMA).

PMA approved the settlement of the cross-border trucking dispute, which since 2009 has hindered the produce industry’s ability to export from the United States into Mexico, while creating difficulties for Mexican truckers who move products into the United States. The settlement will ensure smooth movement of goods among these critical produce trading partners, according to PMA.