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Area businesses and, ultimately, consumers likely will pay more for products ranging from a six-pack of beer to a car in the wake of tariffs placed on steel and aluminum imported from many of the United States’ closest trading partners, including Mexico.
Folks in the 23rd District know well that West Texas energy fuels our economy. In fact, the Texas portion of the Permian Basin alone provides more than 444,000 jobs, contributes more than $60.2 billion to the Gross State Product of Texas and generates $113.6 billion in economic output for local communities.
The annual Yalta European Strategy conference, funded in part by FORBES-listed Ukrainian billionaire Victor Pinchuk ended with its usual flare of anti-Russia rhetoric and odes to a corruption-free Ukraine. The narrative is the same as it has been since the conference moved to Kiev from Yalta in Crimea after Russia annexed it in 2014. The message: the Russians are coming for you, Europe. Pay attention to us. (Or for the beta males in the room: save us!)
MARY LOUISE KELLY, HOST:
President Trump threw a dinner party at the White House last night. On the guest list were Republicans and Democrats. And on the menu, overhauling the tax code. The president is hoping to win support for his yet to be revealed plan to rewrite tax legislation. This, of course, comes a week after Trump cut a deal with Democrats to raise the debt ceiling and fund the government into December. And that is the starting point for our conversation with Texas Republican Will Hurd. He's on the line.
Good morning, Congressman.
The Free Trade Alliance San Antonio and the San Antonio Chamber of Commerce hosted a bipartisan forum Friday with Texas congressmen Henry Cuellar (D) and Will Hurd (R) regarding the North American Free Trade Agreement (NAFTA), immigration reform, and global trade policy.
Moderated by KLRN’s Rick Casey, the conversation focused on all that is at stake for San Antonio and the state as U.S. President Donald Trump seeks to renegotiate the historic trade agreement he called a “disaster.” The event took place at the Pearl Stable.
An example of bi-partisan support for the North American Free Trade Agreement between the U.S., Mexico and Canada, was on stage Friday at an event hosted by the San Antonio Chamber and Free Trade Alliance San Antonio.
Congressman Henry Cuellar (D-Dist. 28) and Congressman Will Hurd (R-Dist. 23) both represent districts that include the Texas-Mexico border.
“NAFTA is important to the San Antonio economy, to the Texas economy, and to the U.S. economy,” Cuellar said in an interview.
San Antonio took the spotlight when the North American Free Trade Agreement was ceremonially signed here almost a quarter-century ago, and a bipartisan group of South Texas lawmakers is pushing to have “NAFTA 2.0” signed here, too.
U.S. Reps. Henry Cuellar, D-Laredo, and Will Hurd, R-Helotes, on Friday said that whatever happens during the renegotiation, they already have bids out to bring the revised free trade agreement between the U.S., Canada and Mexico back to its hometown.
Republican Congressman Will Hurd and Democrat Henry Cuellar were in San Antonio Friday to discuss the future of the North American Fair Trade Agreement, or NAFTA.
Both Congressmen said a deal among countries has its benefits, plus, it's important not to neglect your neighbors.
For Hurd, Reworking the North American Free Trade Agreement means protecting what's good in the 23-yr-old trade deal.
"It has created jobs, it has improved our economy, we just sometimes have to remind people of that,” said Hurd.
As the Trump administration moves forward with plans to renegotiate the North American Free Trade Agreement, two congressmen are pushing for the new trade deal to be signed where it was born - San Antonio.
U.S. Rep. Henry Cuellar, D-Laredo, and U.S. Rep. Will Hurd, R-Helotes, are officially campaigning for "NAFTA 2.0" to be signed in the Alamo City.
With the release of its objectives, the Trump administration is now ready to begin negotiations to update the North American Free Trade Agreement in mid-August.
In an 18-page report released on Monday, U.S Trade Representative Robert Lighthizer highlighted the administration's objective to renegotiate the 24-year-old free trade deal between the United States, Canada and Mexico.