Providing general overview and implications of trade relations with Mexico
Texas Border Business
WASHINGTON – Today, Congressman Henry Cuellar (TX-28) released a Congressional Research Service (CRS) memorandum providing a general overview and analysis of the new U.S.-Mexico-Canada Agreement (USMCA), as well as a summary of selected provisions that may affect U.S.-Mexico trade relations. Congressman Cuellar released the following statement:
“As a representative of the border, I believe it is important to fully understand the impact that a trilateral trade deal will have on border communities. This document provides an analysis of the recent USMCA in comparison to NAFTA and the implications it will have on U.S.-Mexico trade relations. I am encouraged to see the Administration taking active steps to bring confidence and certainty back to businesses in Texas. It is my hope that this new agreement is quickly signed into law, so that we are able to continue to capitalize on the economic benefits NAFTA has facilitated for over two decades.”
See attached analysis of USMCA: