Brazil wants to renew Mexico auto quotas

Reuters – Grappling with tumbling auto sales and weak economic growth, Brazil wants to renew an auto quota pact with Mexico that is set to expire in March, a move that could stoke trade tensions.

Auto trade between the two was then supposed to be fully liberalized, but Brazilian officials are now looking to extend the pact to avoid unlimited competition from Mexico.

http://www.reuters.com/article/2015/02/13/us-mexico-brazil-autos-exclusive-idUSKBN0LG2XW20150213

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