We are so excited to announce former President of Mexico Ernesto Zedillo will join our Center and the Borderplex Alliance in El Paso as the keynote speaker of this year’s US-Mexico Border Summit August 15. President Zedillo, distinguished for his handling of the 1994 Mexican peso crisis, will share insights on the economic, political, and cultural relationship between the two nations.
El Paso is a critical nexus of exchange between the U.S. and Mexico, and the Texas-Mexico Center hopes that the former president will be able to bring urgent attention to what both countries stand to gain or lose in the current climate of new leadership, a quickly shifting relationship, and retaliatory tariffs.
Read the story and register to attend the Summit.
Talk about a potential tax on Mexican imports keeps generating headlines across the country, but in Texas, there is an increasing concern about the economic impact it would have on the state and consumers. Dallas Morning News reporter Karen Robinson’s article titled Texas Business execs feel fenced in by potential border wall tax includes a quote by Mission Foods Texas-Mexico Executive Director Luisa del Rosal, who shared her views both about the economic and political implications this could have on the Texas-Mexico relationship.
Mexico is Texas’ number 1 trading partner, with trade totaling over $176 billion dollars, with a surplus of over $8 billion for Texas, which means the proposed tax would affect Texas business and jobs: over 300,000 jobs in Texas are related to trade with Mexico. However, Ms. del Rosal also talked about a deeper implication: the political aspect of the relationship. There are concerns that the tax imposition might also cool relations south of the border, and as she states in the article, it would take many years for Texas to rebuild some of the Mexican relationships it has worked so hard to build.