The Potential Economic Benefits for Texas of a Free Trade Agreement between the United States and the European UnionReport Published on February 16, 2013
Import and export activity is an essential aspect of optimizing economic performance. By allowing each nation to focus resources on those goods and services where it has a competitive advantage and import other products, foreign trade helps improve business conditions and quality of life around the globe.
Successful Trade Negotiations Between United States and European Union Could Yield Substantial Economic Benefits for the State of TexasPress Release Released on August 07, 2018
President Trump's recent announcement that the United States and the European Union (EU) would begin trade negotiations and work toward reducing constraints that could yield short-term success and help set the stage for other progress in the near future. EU members are major US trading partners, and, not only would a strong trade deal with zero tariffs have the potential to further enhance economies on both sides of the Atlantic, but also provide substantial benefits for the state of Texas.