Is Trump Hitting Reset on the NAFTA Criticism? Texas Can Only Hope

Trade is complicated, especially when it involves the North American Free Trade Agreement.Perhaps President Donald Trump has begun to appreciate that, as he did with health care. That would be heartening for Texas and our most important neighbor, Mexico.Texas, the nation’s top exporting state, sent almost $93 billion in exports to Mexico last year. That’s 40 percent of the state total and over four times more than to Canada, our other NAFTA partner and next-largest export market.Texas also imports the most from Mexico: $81 billion last year, over twice as much as from China.Trade is a key part of the Texas economy, and the Dallas and Houston areas are major players. So when Trump won the election in November, there was reason for concern.  Continue reading...