Dennis Nixon started working at a regional bank in Laredo, Texas in 1975, witnessing the growth of trade across the U.S.-Mexico border, with nearly a billion dollars of commerce and 15,000 trucks crossing daily. President Trump’s plan to impose 25 percent tariffs on Mexican products threatens the integrated economies and deep ties between the two countries, impacting industries like car parts, gasoline, and agriculture. While concerns over trade imbalances and competition exist, severing ties with Mexico through tariffs could have severe economic repercussions for both nations.
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