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global trade
Illustration: Koszubarev via iStock
USMCA (Formerly NAFTA) Goes Into Effect As Pandemic Disrupts Supply Chains
by Gloria Salinas, Managing Director, Economic Development, DRC | Jul 2, 2020
The new United States-Mexico-Canada Agreement (USMCA), formerly the North American Free Trade Agreement (NAFTA), launches at a tough time as supply chains are strained in the COVID-19 pandemic. Getting the right goods into the right hands has become a question of resiliency, experts say. The virus has accelerated urgent change in supply chains as they must quickly adapt—within days, in some cases.
“What used to be possible with just a pencil, and pen, and paper is now impossible to operate” without technology, analyst Piotr Marczewski says.
by Lance Murray |
Jun 4, 2019
Dallas-Fort Worth ranks eighth in the nation for technology exports among metro areas, according to the Computer Technology Industry Association, and Texas is one of 37 states that saw positive exports-supported growth in 2018, increasing to $47.89 billion last year.
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