North American Free Trade Agreement

Agreement between Canada

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July 1 2020 The United States—Mexico—Canada Agreement (USMCA) officially came into effect, replacing the original NAFTA.
July 1 2020 The USMCA took effect, officially replacing NAFTA.
April 2020 Canada and Mexico notified the U.S. that they were ready to implement the USMCA.
March 2020 All three countries had ratified the USMCA.
2018 Sierra Club report highlighted conflicts between Canada's NAFTA commitments and Paris Agreement voluntary environmental targets.
September 30 2018 A preliminary deal was reached between Canada and the United States, preserving the trilateral trade pact. The agreement was renamed the United States—Mexico—Canada Agreement (USMCA).
September 1 2018 President Donald Trump warned Canada about potential exclusion from the new trade agreement unless they submitted to his demands.
August 27 2018 The United States and Mexico announced a bilateral understanding on a revamped NAFTA trade deal, including provisions for boosting U.S. automobile production, a 16-year sunset clause with 6-year reviews, and increased de minimis thresholds for online purchases.
February 2018 A Gallup Poll revealed that 48% of Americans viewed NAFTA as good for the U.S., while 46% considered it bad, demonstrating a nearly even split in public opinion.
2017 Republican support for NAFTA dropped to 34%, while Democratic support increased to 71%. This marked a significant shift in partisan views towards the trade agreement.
2017 Council on Foreign Relations report noted that bilateral agricultural trade tripled since 1994, with Canada becoming the leading agricultural importer for the U.S.
July 2017 The Trump administration provided a detailed list of proposed changes to NAFTA, prioritizing reduction of the United States' trade deficit and seeking to eliminate provisions that allowed Canada and Mexico to appeal duties.
January 2017 U.S. President Donald Trump took office and began seeking to replace NAFTA with a new agreement.
2016 Donald Trump was elected president, significantly polarizing public opinion on NAFTA and expressing strongly negative views about the trade agreement.
2015 Congressional Research Service concluded NAFTA added $80 billion to the US economy, equivalent to a 0.5% GDP increase.
2012 A survey of the Initiative on Global Markets' Economic Experts Panel found 95% of participants believed US citizens benefited from NAFTA.
2012 A study revealed trade increases post-NAFTA: 11% for Canada, 41% for the United States, and 118% for Mexico, with varying welfare impacts.
2011 US trade in goods and services with Canada and Mexico increased to $1.2 trillion from the initial $337 billion in 1993.
2010 US experienced a trade deficit of $94.6 billion in goods with NAFTA countries, representing a 36.4% annual increase.

This contents of the box above is based on material from the Wikipedia article North American Free Trade Agreement, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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