Texas

The Wall Street Journal: Trump’s Trade Fights With Mexico and China Weigh on GOP Incumbents

When Texas Rep. Will Hurd attended a luncheon with a group of local CEOs here to update them on his activity in Washington, he paused when he got around to the subject of Nafta.

The trade agreement with Mexico and Canada is a boon to the Republican congressman’s constituents along the border, and anxiety has grown about it since President Trump began seeking to revamp it.

“I shouldn’t say this,” Mr. Hurd said before likening his views on the Trump administration’s Nafta negotiations to his sentiments on the football program at his alma mater, Texas A&M University. “I get excited, I get bummed. I get excited, I get bummed,” Mr. Hurd said.

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The Wall Street Journal: ‘We Are at the Limit’: Trump’s Tariffs Turn Small Businesses Upside Down

California, Colorado, Minnesota, North Carolina, Ohio, Oregon, Tennessee, Texas

M2S Bikes, an electric-bike startup, planned to build itself a 100-strong dealer network. Then came the Trump administration’s proposed tariffs on China.

The firm, which employs five people in Asheville, N.C., imports the bikes it designs from a factory in Jinhua City, China, and says it can’t find comparable motors in the U.S. The tariffs would add $425 to the cost of its bikes, which currently retail for as much as $3,250. The dealership idea is now on hold while the company tries to figure out a new wholesale price that dealers will accept and that won’t kill its profit.

The Trump administration says tariffs on thousands of items from ball bearings to circuit boards are designed to counter what it sees as unfair trade practices that give Chinese firms a leg-up over their U.S. rivals.

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