The Potential Economic Benefits for Texas of a Free Trade Agreement between the United States and the European Union
Report Published on February 16, 2013Import 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.
- Tags:
- EU,
- Euro,
- Europe,
- European Union,
- free trade,
- trade,
- trade agreement,
- trade deal
US‑Mexico‑Canada Agreement a Major Win for the Economy
Brief Published on January 30, 2020President Trump has signed the US-Mexico-Canada Agreement (USMCA) into law, replacing the 25-year old North American Free Trade Agreement. A strong trade agreement with Mexico and Canada is clearly a "win" for the US economy. Mexico has also passed the USMCA, and the ratification process is currently underway in Canada.
- Tags:
- trade,
- trade agreement,
- trade deal,
- USMCA
Good News
Column Published in syndication July 08, 2020In the midst of the pandemic's ongoing fallout, there was a bit of very good news for the economy earlier this month that, as with so many other things, did not get the attention it should have (or would have in different times). The United States-Mexico-Canada Agreement (USMCA) has now officially gone into effect. It has taken years to negotiate and ratify the agreement among the three nations, which updates and replaces the 1994 North American Free Trade Agreement (NAFTA).
- Tags:
- export,
- trade agreement,
- USMCA