Economics

Border Delays Cost U.S. $7.8 Billion as Fence Is Focus

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Delays at U.S.-Mexico border crossings cost the U.S. economy $7.8 billion in 2011, as improvements have lagged behind traffic growth and the political focus has been on securing the rest of the border.

The toll could balloon to $14.7 billion annually if the value of U.S.-Mexico truck trade reaches $463 billion by 2020 as predicted, according to data compiled by Bloomberg.