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U.S., Mexico End Dispute Over Cement

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From Reuters

The United States and Mexico formally ended a 16-year-old cement trade dispute, allowing increased imports of Mexican cement to help in the reconstruction of the U.S. Gulf Coast.

Top U.S. and Mexican officials signed an agreement allowing Mexico to export 3 million tons of cement annually to southern-tier U.S. states over the next three years with an import duty of $3 a ton, down from more than $26.

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