What is NAFTA?
• Jan 1, 1994, Canada, the U.S. and Mexico entered into the trade agreement.
• It eliminates most tariffs on products, with liberalization of trade in agriculture, textiles and manufacturing the major focus.
• It succeeded the Canada-U.S. Free Trade Agreement from 1987.
• NAFTA is now being renegotiated.
• A member country can exit NAFTA with six months’ notice.