By  on July 7, 2011

WASHINGTON — Mexico has agreed to drop retaliatory tariffs by 50 percent on Friday on a list of U.S. exports that includes sunglasses, personal care products and synthetic staple yarns, as part of a settlement of a protracted dispute with the U.S. over Mexican trucks crossing the border.

U.S. Trade Representative Ron Kirk said Wednesday the U.S. and Mexico had signed a memorandum of understanding that will also begin allowing Mexican trucks on U.S. roads.

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