Dallas, Fort Worth Mayors Stand With Canada Over ‘Buy American' Law

Dallas Mayor Mike Rawlings
Dallas Mayor Mike Rawlings

Dallas Mayor Mike Rawlings and Fort Worth Mayor Betsy Price are in Toronto and Montreal, Canada, this week discussing trade relations. The two have voiced concerns about how the recently signed Senate Bill 1289, the so-called Buy American bill, could have negative repercussions on iron and steel trade with Canada, the Texas Tribune reports

Siding with Canadian officials, Rawlings and Price have said the law could have unintended consequences and they hope to explore potential changes to the law. 

The law requires large state projects like buildings and infrastructure to use iron and steel from American suppliers if the cost does not exceed 20% more than the price of foreign imports. It goes into effect Sept. 1. Under the law, any country's iron and steel can be used if American suppliers are not prepared to supply a project or if there is a compelling state interest.

Crater Lake Consulting's Karen Berlin Cooperstein and Fort Worth Mayor Betsy Price
Photo credit: Bisnow: Julia Bunch
Crater Lake Consulting's Karen Berlin Cooperstein and Fort Worth Mayor Betsy Price

Texas and Canada have strong trade relations that could break down under the bill. Canada is the top export destination for U.S. steel, representing $9.7B in 2016. Last year, $95M worth of business was done between the DFW and Canada.

Canadian leasers, including Ontario Premier Kathleen Wynne, have also expressed a desire to help rewrite the law with a Canadian exemption. In a May 15 letter to Texas senators, Canadian officials asked for an exemption for Canadian steel, but their request was denied. 

Rawlings and Price are also trying to address concerns about President Donald Trump’s vow to renegotiate the North American Free Trade Agreement.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job Sites

Jerry Jones Sells Frisco Office Tower To Hobbs Brook: The DFW Deal Sheet

The Crown Estate Unveils Nearly 170K SF Of West End Redevelopment

AI-Assisted Construction-Bid Startup Fields $4M Seed Investment

Can The Dallas Stars' $3B Arena District Draw More Companies To Plano?

Oceanwide Plaza Sale Primed To Move Forward

Artis Montrose, Disco Kroger Site Multifamily Redevelopment, Tops Out