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The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement came into force on January 1, 1994 and was superseded by the United States–Mexico–Canada Agreement, a free trade agreement – aka USMCA – on July 1, 2020.
Companies located in these countries may be eligible for reduced duty rates when importing if their goods qualify under the terms of NAFTA. NAFTA was replaced on July 1, 2020, by the United States-Mexico-Canada Agreement (USMCA).
Key Links
NAFTA Secretariat
Translating: NAFTA
Spanish: Tratado de Libre Comercio de América del Norte, (TLCAN)
French: Accord de libre-échange nord-américain (ALÉNA)
Headlines
How NAFTA Broke American Politics – The New York Times
Planeta.com