As it turns out, Dallas sits right in the middle of Mexico City and Toronto, which gives us a very good perspective on how NAFTA affects local economies. Recently a trade mission took place to promote Texas businesses to our northern neighbor.
Canada is currently our largest trade partner in Texas with $35 billion dollars in imports and exports.
The Dallas Fort Worth metroplex exports 3 times more merchandise to Canada and Mexico than it does to China. Currently almost 70 local companies in that region operate in Canada.
NAFTA has been in the news as the president has threatened to withdraw, though he now is working toward a reworked agreement of some sort. But one thing is for sure: NAFTA has deeply impacted the economy of Texas, tripling our trade with Mexico and Canada. In particular, DFW has transportation networks and hubs that rely on our trade partnerships, both north and south.