FederalIssuesTradeUSMCA Trade Agreement Passes House
The USMCA trade agreement, which has been referred to as NAFTA 2.0, passed the House today. Debate will now move to the Senate.
The USMCA trade agreement, which has been referred to as NAFTA 2.0, passed the House today. Debate will now move to the Senate.
Texas remains the nation's leading export state, but the escalating trade war between the U.S. and China has some increasingly concerned about its impact.
The Jones Act affects American and Texas commerce, but many are divided as to whether it is a net-positive for jobs or a net-negative for exports.
Texas' federal delegation reacted to the President Trump's tariff threat, intended to force Mexico to act on border security.
As the crisis on the southern border continues unabated, Laredo recently surpassed Los Angeles as the nation's most trafficked port.
President Trump announced a new round of proposed tariffs to be levied on Mexico as part of an attempt to curb illegal immigration.
With the 10th largest economy in the world, Texas may find the trade war with China to have an outsized impact on key industries, including agriculture.