Mexico to raise tariffs on US goods - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Mexico to raise tariffs on US goods

WASHINGTON (AP) - Mexico is about raise tariffs on some U.S. exports to Mexico for not allowing its trucks to drive on American highways.

The tariff increase is expected to begin Thursday. Mexico plans to raise tariffs from 10% to 45% on U.S. goods such as Christmas trees, toilet paper, grapes and more.

The increase in export duties will hit makers of U.S. goods in several states.

The 1994 North American Free Trade Agreement requires the U.S. to allow Mexican trucks full access to U.S. highways. The U.S., Mexico and Canada signed the agreement.

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