NAFTA Without Canada a Bum Deal for Texas
SAN ANTONIO EXPRESS – AUGUST 31, 2018
Scuttling free trade with Canada would have a disproportionate impact on Texas.
Texas is the nation’s top exporter and has a trade surplus with Canada. Texas exports about $22.8 billion of goods annually to Canada, its second-largest trade partner. The elimination of a free trade agreement with Canada would harm Texas consumers, who would then face higher costs of goods. Texas exporters would likely see a contraction on demand in Canada for Texas manufactured goods, petroleum products and agricultural products as Canada imposes countervailing duties on American imports.