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By Philippe Legrain ADD COMMENTS

After the Omnibus Appropriations Bill signed into law by President Obama
scrapped a pilot programme that allowed a small number of Mexican
trucking companies to carry cargoes north of the border – as NAFTA
requires – Mexico has responded by slapping tariffs of up to 45% on 90 American agricultural and industrial imports.

Renault is to move production of its new Clio from Slovenia back to France, after President Sarkozy granted a bail out to French carmakers on condition they repatriate production from central and eastern Europe. Renault insists the decision is a commercial, rather than a political, one. So much for the EU single market.

Posted 20 Mar 2009 in Blog, Europe, Mexico, Trade, United States

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