When the North American Free Trade Agreement was enacted 23 years ago, an economic surge in Texas ensued thanks, in part, to a significant boost in trade with our neighbor to the south. Today, more than 380,000 Texas jobs hinge on free trade with Mexico. Agreements like NAFTA have strengthened our state's economy as a whole, too. More than a third of total goods, worth $92 billion, are exported from Texas to Mexico annually.But as our economy has expanded, it has matured and diversified. In 1994, when NAFTA went into effect, floppy disks were the norm and streaming videos over the internet was fantasy. The past 20 years has introduced the internet into our everyday lives, which in turn has developed industries like information technology and digital trade. Continue reading...
Sens. Cornyn and Cruz: It's Time to Modernize NAFTA and Texas Knows How
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