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Greg Abbott’s Failed Border Stunts Cost Texas BILLIONS

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Texas Governor Greg Abbott’s political antics are coming back to bite him again as Mexico has decided to move a trade railway crossing to New Mexico over Abbott’s political stunt of holding up commercial trucks at the border for secondary inspections. In addition to the estimated $4.2 billion lost from the trucker inspections, the state will now lose billions upon billions of dollars in commercial trade by missing out on this railway crossing. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE:
https://www.yahoo.com/news/texas-gov-abbotts-border-inspections-071720914.html

"Texas Gov. Greg Abbott's (R) 10-day-long "enhanced" safety inspections of commercial trucks entering the state from Mexico may have cost Texas $4.2 billion in economic damage, as estimated by Waco-based Perryman Group, but it's been great for business in Santa Teresa, New Mexico, a border crossing just across state lines from El Paso.

Trucks were re-routed through Santa Teresa when Abbott's inspections snarled commercial traffic at Texas border crossings, and now Mexico has decided to move a long-planned trade railway connection worth billions of dollars from Texas to the New Mexico crossing, The Dallas Morning News reported Sunday. "We're now not going to use Texas," Mexican Economy Minister Tatiana Clouthier said. "We can't leave all the eggs in one basket and be hostages to someone who wants to use trade as a political tool."

Clouthier made her announcement in Mexico City on Thursday, a day before Abbott said he will be transferring another $500 million from other Texas agencies to finance his broader state border initiative, Operation Lone Star, which is already costing Texans more than $2 billion a year.

Jerry Pacheco, president of the Santa Teresa's Border Industrial Association, told the Morning News that Mexico has plenty of time to change its mind about the lucrative T-MEC Corridor trade link, but "the very fact that we're being discussed in the early stages is a positive thing." He added that "since Gov. Abbott's truck inspections went away, our traffic numbers remain higher than normal in terms of northbound cargo shipments, which leads me to believe that what I thought would be a temporary fix is actually going to stick in the long term.”"

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220502__TA03_Fail_Greg
Category
Europe
Tags
220502__TA03_Fail_Greg, News, Politics
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