When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of the United States and Mexico …
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Ahead of Possible Tariffs, No Rush to Get Goods In From Canada and Mexico
Companies in the United States do not appear to be making a concerted effort to rush in shipments from Mexico and Canada ahead of the high tariffs that President Trump has threatened to impose on Saturday. Mr. Trump said after taking office that the United States would apply tariffs of 25 percent on imports from Canada and Mexico, contending that …
Read More »Trumps Threatens Tariffs on Canada, Mexico and China
When President Trump refrained from immediately imposing new tariffs on his first day in office, as he had previously threatened, business executives and others who support international trade breathed a sigh of relief. That relief has been short-lived. On Monday night, just hours after his inauguration speech, Mr. Trump said he planned to put a 25 percent tariff on products …
Read More »Port Workers Could Strike Again if No Deal Is Reached on Automation
Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of automated machines to move cargo. The International Longshoremen’s Association, the union that represents dockworkers, and the United States Maritime Alliance, the employers’ negotiating group, on Tuesday resumed in-person talks aimed at forging a new labor contract. …
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