Before sending it to the U.S. Senate, Clinton added two subsidiary agreements, the North American Agreement on Labor Cooperation (NAALC) and the North American Agreement on Environmental Cooperation (NAAEC) to protect workers and the environment, as well as to allay the concerns of many members of the House of Representatives. The United States has required its partners to comply with similar environmental practices and regulations. [Citation required] After much attention and discussion, the U.S. House of Representatives passed the North American Free Trade Agreement Implementation Act on November 17, 1993. Supporters of the deal included 132 Republicans and 102 Democrats. The legislation passed the Senate on November 20, 1993, 61-38. [21] The Supporters of the Senate were 34 Republicans and 27 Democrats. Republican Congressman David Dreier of California, a staunch supporter of NAFTA since the Reagan administration, has played a leading role in mobilizing support for the agreement among Republicans in Congress and across the country. [22] [23] Economic growth following NAFTA has not been impressive in any of the countries involved. The United States and Canada have suffered greatly from several economic recessions, including the Great Recession of 2007-09, which overshadowed all the positive effects that NAFTA could have had. Mexico`s gross domestic product (GDP) grew at a slower pace compared to other Latin American countries such as Brazil and Chile, and its per-person income growth was not significant, although there was an expansion of the middle class in the years following NAFTA.

The North American Free Trade Agreement (NAFTA) was a three-country agreement negotiated by the governments of Canada, Mexico and the United States, which came into force in January 1994. NAFTA eliminated most tariffs on goods traded between the three countries, with a focus on trade liberalization in agriculture, textiles and automobiles. The agreement also aimed to protect intellectual property, establish dispute resolution mechanisms and implement labour and environmental protection measures through ancillary agreements. Sixth, the agreement provided business travellers with easy access to all three countries. On September 30, 2018, the deadline for negotiations between Canada and the United States, an interim agreement was reached between the two countries, thus retaining the trilateral pact when the Trump administration submits the agreement to Congress. [150] The new name of the agreement was the United States-Mexico-Canada Agreement (USMCA) and came into force on July 1, 2020. [151] [152] Mr. Trudeau and Canadian Foreign Minister Chrystia Freeland announced that they would join the agreement if it was in Canada`s interest. [143] Freeland returned prematurely from his diplomatic trip to Europe and cancelled a planned visit to Ukraine to participate in the NAFTA negotiations in Washington at the end of August, D.C. [144] According to an August 31 Canadian press, published in the Ottawa Citizen, key supply management topics, Chapter 19, drugs, cultural exemption, sunset clause and de minimis thresholds. [140] According to Chad Bown of the Peterson Institute for International Economics, the Trump administration`s list is «very consistent with the president`s attitude of loving trade barriers and loving protectionism.

This makes NAFTA less of a free trade agreement in many ways. [131] The considerations expressed by the U.S. representative regarding subsidized state-owned enterprises and currency manipulation are not likely to apply in Canada and Mexico, but are intended to send a message to countries outside North America. [131] Jeffrey Schott of the Peterson Institute for International Economics stated that it was not possible to conclude renegotiations quickly, while alleviating all concerns on the list. [133] He also said that it would be difficult to do something about trade deficits. [133] The regulatory and deregulation programme is a semi-annual summary of all regulations, revisions to existing provisions and the Department`s actions, which are ongoing and planned.