Texas Gov. Greg Abbott (R)’s 10-day “improved” safety of commercial trucks entering the state from Mexico could have cost Texas $ 4.2 billion in financial losses, according to Perryman Group, based in Waco, but it was great for business in Santa Teresa, New Mexico, a border crossing just across the state line from El Paso. The trucks were re-routed through Santa Teresa when Abbott inspections blocked commercial traffic at Texas border crossings, and now Mexico has decided to move a long-term planned commercial rail link worth billions of dollars from Texas to Mexico to Texas. The Dallas Morning News. Sunday. “We are not going to use Texas now,” said Mexican Economy Minister Tatiana Cloutier. “We can not leave all the eggs in one basket and take hostage someone who wants to use trade as a political tool.” Clouthier made the announcement in Mexico City on Thursday, a day before Abbott said it would transfer another $ 500 million from other Texas services to fund its wider state-funded Operation Lone Star initiative. already to Texans more than $ 2 billion a year. Jerry Pacheco, president of the Santa Teresa Border Industrial Association, told Morning News that Mexico has a long way to go before it can make a profit on the T-MEC corridor, but “the very fact that we are discussing the early stages it’s something positive. ” He added: “Since Governor Abbott’s truck inspections ended, traffic has remained higher than normal in terms of cargo shipments north, which leads me to believe that what I thought would be a temporary solution would remain in the long run. . “ “We also play border politics,” Pacheco said, “but we play to bring more trade from Mexico through our ports of entry into New Mexico, not to block trade.” The story goes on
you may also like it
Russia’s attack on Donbas “fails”, says the Ukrainian army 7 cartoons about the Republican war at Disney The S&P 500 fell 13.8 percent in 2022, the worst performance to date since World War II