Negotiating A New NAFTA: What and Why This Is Needed
• Agricultural performance has been particularly disappointing
At the end of 1992, the leaders of Canada, the United States, and Mexico signed the North American Free Trade Agreement (NAFTA). Once ratified, it took effect on January 1, 1994. Though its White House proponents hailed NAFTA as a transcendent step towards mutual advancement for the three partner countries, there was significant opposition in each NAFTA nation. As the years since NAFTA’s implementation have passed, many significant flaws in the agreement have come to light. It is clear that a new NAFTA that addresses these flaws is necessary in order to create a more multilaterally beneficial system.
