nafta

Magister Mathematicae/Wikimedia Commons

From Texas Standard.

For decades, if you pulled into any gas station in Mexico, the brand name on the pump would invariably be PEMEX, the name of the state-run oil monopoly. Now oil giant Exxon Mobil has announced it will open 50 gas stations in Mexico in 2018. Eight are opening this week. Most other major energy companies have begun operations in Mexico since the nation opened its energy economy to private companies.

Ms96/Wikimedia Commons (CC BY-SA 4.0 )

From Texas Standard:

President Donald Trump's insistence that the North American Free Trade Agreement, or NAFTA, is a bad deal sparked talks aimed at renegotiation among the U.S., Mexico and Canada. And until now, groups representing farmers and ranchers in Trump-supporting states have been willing to wait and see where those negotiations go. But Politico reports the agriculture lobby is now going on offense, sending a sharply-worded message that the trade pact must be saved.

Jorge Sanhueza-Lyon/KUT News

From Texas Standard

The North American Free Trade Agreement went into effect January 1, 1994 The pact was created to bolster trading of commodities between Canada, the U.S. and Mexico, by eliminating trade tariffs. But some argue that making it cheaper to trade also made it easier for companies to move American jobs elsewhere.

Image via Flickr/Texas Comptroller (CC BY 2.0)

From Texas Standard:

Even though the Texas Legislature failed to pass measures to reform property taxes or the school finance system during the regular and special sessions, the Federal Reserve Bank of Dallas says the Texas economy continues to grow at a solid pace.

Comptroller Glenn Hegar is the chief tax collector, accountant and revenue estimator for the state government. Among his responsibilities is providing the legislature with an estimate of state revenue before each regular legislative session.

 

Lorne Matalon

From Texas Standard:

As the U.S., Mexico and Canada begin renegotiating the North American Free Trade Agreement, or NAFTA — an agreement that President Donald Trump famously promised to end — American businesses have doubled down on the argument that NAFTA has been good, on balance, for everyone.  

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