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MEXICANS' TRUCKS * USA - Study: Trucking dispute hurting economy
U.S. Chamber of Commerce claims cross-border clash has cost U.S. businesses and consumers $2.2 billion to date
Washington,DC,USA -DC Velocity, by Mark B. Solomon -September 21, 2009: -- The U.S. government's decision earlier this year to end a cross-border trucking program with Mexico, and subsequent economic retaliation by the Mexican government, has already resulted in 25,000 lost American jobs, $2.6 billion in foregone U.S. exports, and $2.2 billion in higher costs for U.S. businesses and consumers, according to a U.S. Chamber of Commerce study released Sept. 15... In March, Congress and the Obama administration ended funding for a two-year program that allowed 100 Mexican trucking firms to operate in the United States beyond a 25-mile commercial zone along the U.S.-Mexico border. In retaliation, Mexico slapped $2.3 billion in penalty duties on 89 U.S. import products, with an immediate duty cost to American consumers of about $421 million, according to the study... In addition, the study said the decision to end the program means truckers operating between the United States and Mexico must continue to rely on costly short-haul drayage to pull cargo-laden trailers across the border, where they are picked up by long-haul trucks on the other side for delivery to their destinations. Drayage services cost $739 million in 2008, the study concluded, costs that were eventually passed on to consumers in the form of higher prices for Mexican imports... (Photo from nationalpost)* ‘Protectionism’ growing ‘blatant,’ group says; Mexico truck pilot cited
Washington,DC,USA -The Associated Press/The Trucker, by TOM RAUM -18 Sept 2009: -- The world's major powers are repeatedly breaking their pledges not to erect trade barriers, and there's no sign the "protectionist juggernaut" will ease as countries recover from the global downturn, an influential monitoring organization said Friday... Since first taking a no-protectionism vow at a summit meeting last November, the world's 20 major economies have been responsible for as many as 121 "blatantly protectionist" measures, with 134 more in the pipeline, said Global Trade Alert, a monitoring service overseen by the London-based Centre for Economic Policy Research and supported by the World Bank and other international organizations... President, Barack Obama, has pledged to avoid "self-defeating protectionism" in continuing the effort to get the U.S. and other major world economies back on their feet... Steps taken by the United States widely seen by other nations as protectionist include "Buy American" provisions in the Obama administration's $787 billion stimulus package, restrictions keeping Mexican trucks off most U.S. roads and provisions of auto bailouts requiring vehicles benefiting from the program to be built in the United States...Labels: mexicans' trucks debate
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