NAFTA

From Texas Standard:

During the 2016 presidential campaign, Donald Trump famously criticized NAFTA as the “worst trade deal ever signed in this country.” President Trump is now taking a somewhat softer line on NAFTA. A draft letter from the White House emerged this week that indicates the administration wants to re-negotiate the trade agreement with Mexico and Canada, leaving some provisions in place, while seeking changes to others. The document contains few details, but it does indicate that the president would like the ability to impose tariffs on some imported products. Re-opening NAFTA negotiations would require Congressional approval.

Mexico Consul General Carlos Gonzalez Gutierrez told state lawmakers Monday that Texas has more to lose than any other state if  President Trump keeps his promise to overhaul NAFTA. 

Gutierrez also told members of the House Committee on International Trade and Intergovernmental Affairs there are areas Mexico is willing to negotiate.

Billie Greenwood/Flickr (CC BY 2.0)

 

 

Listen to the broadcast story here:

A new pickup truck comes off the line nearly once a minute at Toyota’s San Antonio factory.

The Japanese automaker set up in Texas more than a decade ago to be closer to truck-buyers—and to take advantage of cross-border trade.

“The fact that it’s close to the NAFTA corridor,” says Toyota Motor Manufacturing Texas spokesman Mario Lozoya “ I’m not saying that’s the only reason why it’s here, but it’s a factor.”

Gage Skidmore / https://www.flickr.com/photos/gageskidmore/5440392565

During his presidential campaign Donald Trump promised to kill a number of initiatives President Obama has put into place.  TPR’s Shelley Kofler talked with two political consultants – a Democrat and a Republican – about how Texas might be affected if President Trump follows through.  They don’t always agree on whether Texas would be better off or worse.  But they do agree the impact on our state could be significant. 

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