The tariffs are expected to raise the price of production for agriculture while making Texan crop exports less competitive in China.
The ninth round of NAFTA negotiations kicked off last week in Washington, D.C., in a frantic race against time.
A modest NAFTA agreement would still be a win-win-win as North America would retain its top spot as a competitive trading platform.
This is a story about an administration that sees no political benefit in negotiating NAFTA in good faith, and doesn’t value economic reality.
The event will highlight the importance of international trade among the United States, Mexico, and Canada and will conclude with a luncheon.
Mexican officials called upon local leaders and businesses to be vocal about the benefits of free trade and become champions for NAFTA at a national level.
Cuellar and Hurd agree NAFTA 2.0 needs to be finalized before the end of this year. However, Canada is not experiencing the same pressures.
By early fall, negotiators from all three countries will sit down to hash out the details, with the goal of wrapping up the negotiations in early 2018.
For U.S. Reps. Joaquín Castro (D-Texas) and Michael McCaul (R-Texas), there’s no shortage of drama in Washington these days.
Nearly all Americans with pacemakers – and people worldwide – walk around with parts manufactured in Tijuana, Mexico.