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Under US pressure, Mexico mulling 50% tariff on Chinese cars
Under US pressure, Mexico mulling 50% tariff on Chinese cars
Economy
by  AFP

Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50-percent duty on car imports from the Asian giant -- up from 15-20 percent. The White House has said Chinese producers are abusing a free-trade deal between the United States, Mexico and Canada to send goods northward over the Mexican border tariff-free.

Union to vote on deal to end strike at Boeing defense branch
Union to vote on deal to end strike at Boeing defense branch
Economy
by  AFP

Labor leaders reached a tentative agreement with Boeing that could resolve a strike in the aviation giant's defense business, the union announced Wednesday. The strike comes on the heels of a much larger stoppage in Boeing's commercial aviation business involving some 33,000 workers who halted production at Pacific Northwest factories for more than seven weeks. jmb/dw