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The North American Free Trade Agreement (NAFTA)

dc.contributor.authorVillareal, M. Angeles
dc.contributor.authorFergusson, Ian F.
dc.date.accessioned2020-11-25T15:32:38Z
dc.date.available2020-11-25T15:32:38Z
dc.date.issued2017-05-24
dc.description.abstract[Excerpt] The North American Free Trade Agreement (NAFTA) has been in effect since January 1, 1994. NAFTA was signed by President George H. W. Bush on December 17, 1992, and approved by Congress on November 20, 1993. The NAFTA Implementation Act was signed into law by President William J. Clinton on December 8, 1993 (P.L. 103-182). NAFTA continues to be of interest to Congress because of the importance of Canada and Mexico as trading partners, and because of the implications NAFTA has for U.S. trade policy under the Administration of President Donald J. Trump. During his election campaign, President Trump stated his desire to renegotiate NAFTA and that he would examine the ramifications of withdrawing from the agreement once he entered into office. He has also raised the possibility of imposing tariffs or a border tax on products from Mexico. This report provides an overview of North American market-opening provisions prior to NAFTA, provisions of the agreement, economic effects, and policy considerations.
dc.description.legacydownloadsCRS_NAFTA_0517.pdf: 4519 downloads, before Oct. 1, 2020.
dc.identifier.other10455406
dc.identifier.urihttps://hdl.handle.net/1813/78581
dc.language.isoen_US
dc.relation.isversionofA previous version of this report can be found here: https://hdl.handle.net/1813/78585
dc.relation.urihttps://hdl.handle.net/1813/78585
dc.subjectNorth American Free Trade Agreement
dc.subjectNAFTA
dc.subjectCanada
dc.subjectMexico
dc.subjecttrade policy
dc.titleThe North American Free Trade Agreement (NAFTA)
dc.typeunassigned
local.authorAffiliationVillareal, M. Angeles: Congressional Research Service
local.authorAffiliationFergusson, Ian F.: Congressional Research Service

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