http://www.reuters.com/article/2012/03/16/us-mexico-brazil-autos-idUSBRE82E1A820120316
Mexico has blinked in its dispute with Brasil over importing autos.
It will slash its soaring Brasil car sales...to an average of $1.55 billion for 3 years.
Mexico's auto exports to Brasil soared by 70% in 2011...hurting Brasil's local makers.
The two nation's long standing free trade agreement will resume in 3 years.
Popular Posts
- AUSTIN,TEXAS: Dell's Decline Revealed in A Lawsuit Over Defective Computers.
- UKRAINE: Parliament Brawls Over Ex-PM Tymoshenko's Criminal Charges.
- Profile of a Cuban Spy
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- TEXAS / USA / IMAGES : 6 Dead, 200 Homes Damaged After 16 Tornadoes Ravage Granbury, Cleburne.
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- ARGENTINA: Reciprocity Tourist Tax Begins.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- MACROECONOMICS: Is A Third Depression Coming?