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Tuesday, May 28, 2024
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TBC Heartened by New Trade Agreement Between U.S. and Mexico

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Laredo Mayor Pete Saenz
Laredo Mayor Pete Saenz

Texas Border Business

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Laredo, Texas – Laredo Mayor Pete Saenz, chairman of the Texas Border Coalition (TBC), issued the following statement in response to today’s announcement that the U.S. and Mexico have reached a preliminary agreement to modernize trade between the two countries:

“The Texas Border Coalition is heartened by the announcement of a new preliminary trade agreement between the United State and Mexico.

“This is good news for a strong and growing economy on the border. Trade directly generates 30 percent of the U.S. economy, including 41 million American jobs – 3.1 million of them in Texas.

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“Interdependence is the way business gets done in the 21st Century economy, on the border and across the globe. A strong NAFTA agreement that facilitates trade of manufactured goods, agriculture products and other goods – linking the productivity and competitiveness of communities on both sides of the border and beyond.  This creates jobs and prosperity that improve the lives of our people.

“Yet, we acknowledge that an agreement between the U.S. and Mexico is not enough because Canada must still concur with the solutions that the U.S. and Mexico have reached. We look forward to Canada returning to the negotiating table in the coming weeks and bringing the NAFTA negotiations to a close.

“We look forward to that day, and to working with Congress to ratify a new treaty that strengthens the U.S. and North American economies.”

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