Businesses in Texas are facing uncertainty due to the future of trade between the US, Mexico, and Canada being in limbo. The Trump administration made an announcement on July 1 regarding the United States-Mexico-Canada Agreement. Rising uncertainty is affecting businesses that rely on this trade pact, causing them to pull back on investment in the state.

Experts have noted this trend, citing the lack of clarity on the trade agreement's future. Further details on the impact of this development are available from Houston Public Media, providing more insight into the situation and its effects on Texas businesses.