It’s hard to overstate just how much Texas has riding on a successful renegotiation of the United States-Mexico-Canada Agreement, or USMCA. Mexico and Canada are Texas’ No. 1 and No. 2 trading partners, respectively, just as they are for the U.S. as a whole. And that doesn’t take into account direct investment in Texas by Mexican and Canadian companies.
All that trade and investment means that thousands of Texas jobs depend on the smooth flow of goods and services between the U.S. and its southern and northern neighbors. So, too, does the competitiveness of North America in the world economy as a whole.