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The Department of Commerce announced Feb. 4 the inauguration of the Tornillo-Guadalupe port of entry and international bridge in Tornillo, Texas, replacing the Fabens-Caseta POE completed in 1938. This project will increase capacity and lanes and is designed to alleviate the long lines and congestion often experienced in the El Paso-Ciudad Juarez metropolitan area.
A DOC press release states that new U.S.-Mexico border crossing points like this one are essential for maintaining and enhancing North American economic competitiveness in a globalized world. Nearly $1.5 billion worth of goods cross between the two countries each day and approximately 80 percent of U.S.-Mexico goods trade takes place via road and rail. The DOC notes that U.S. imports from Mexico contain as much as 40 percent U.S. content, which means that U.S. and Mexican-made goods often cross the border multiple times in the course of being turned into a final product.
September 28, 2020 // Trade Report
September 21, 2020 // Trade Report
September 10, 2020 // Trade Report
September 4, 2020 // Trade Report