North American Free Trade Agreement (NAFTA)North American Free Trade Agreement (Nafta) • April 8th, 2019
Contract Type FiledApril 8th, 2019NAFTA is a free trade agreement (FTA) among the United States, Canada, and Mexico that entered into force on January 1, 1994 (P.L. 103-182). At the time it was negotiated, NAFTA was unusual because it was the first time that a U.S. FTA linked two advanced economies with a lower income country. For this reason, the agreement sparked debate among policymakers, industries, labor unions, and other stakeholders about its potential benefits and costs. NAFTA-implementing legislation included revisions to the U.S. trade adjustment assistance program to address production shifts and assist dislocated workers.