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In the News: Mexican Trucks, KORUS, India Tariffs, Asia Trade Talks

Tuesday, October 16, 2018
Sandler, Travis & Rosenberg Trade Report

U.S. could put brakes on Mexican trucks under trade deal

“The annex says the U.S. ‘reserves the right’ to limit ‘grants of authority for persons of Mexico to provide cross-border long-haul truck services’ outside U.S. border commercial zones, if those limitations ‘are required to address material harm or the threat of material harm to U.S. suppliers, operators, or drivers.’”

[Bloomberg]

Gov’t submits bill on ratification of KORUS FTA to parliament

“The Seoul government hopes to complete domestic procedures by the end of the year, but the schedule may vary depending on whether Washington exempts South Korean autos from the list of 25 percent duties, proposed by the Donald Trump administration on national security grounds.”

[Yonhap News Agency]

India to raise import tariffs on electronic and communication items

“It was not immediately clear how much of a tariff increase is being levied on each specific item, but the Indian government listed several items that could be impacted including wearables like smart watches, Voice over Internet Protocol equipment and phones, and ethernet switches, among other items.”

[Reuters]

China-U.S. trade war gives impetus to conclude RCEP talks early: Malaysia

[The Straits Times]

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