NAFTA: Past, Present and Future

Overview of NAFTA

The following document provides an amazing overview on the past, present and future of the North American Free Trade Agreement (NAFTA) written by Specialists in International Trade & Finance with the Congressional Research Service submitted on February 22. 2017.

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The topics in this document are listed below

• History
• Market Opening Prior to NAFTA
  • The U.S.-Canada Free Trade Agreement of 1989
  • Mexico’s Pre-NAFTA Unilateral Trade Liberalization
    Overview of NAFTA Provisions
  • Removal of Trade Barriers
    • Tariff Changes
    • Trade Barrier Removal by Industry
  • Services Trade Liberalization
  • Other Provisions
  • NAFTA Side Agreements on Labor and the Environment
• Trade Trends and Economic Effects
  • S. Trade Trends with NAFTA Partners
    • Overall Trade
    • Trade Balance and Petroleum Oil Products
    • Trade by Product
    • Trade with Canada
    • Trade with Mexico
  • Effect on the U.S. Economy
    • S. Industries and Supply Chains
    • Auto Sector
  • Effect on Mexico
    • S.-Mexico Trade Market Shares
    • S. and Mexican Foreign Direct Investment
    • Income Disparity
  • Effect on Canada
    • S.-Canada Trade Market Shares
    • Foreign Direct Investment
  • Procedures for NAFTA Renegotiation or Withdrawal
    • Renegotiation
    • Withdrawal
  • Issues for Congress
    • Potential Topics for Possible NAFTA Renegotiation
      • Automotive Sector
      • Services
      • E-Commerce, Data Flows, and Data Localization
      • Intellectual Property Rights (IPR)
      • State-Owned Enterprises (SOEs)
      • Investment
      • Dispute Settlement
      • Labor
      • Environment
      • Energy
      • Customs and Trade Facilitation
      • Sanitary and Phytosanitary Standards (SPS)
    • Issues Specific to Mexico
    • Issues Specific to Canada
    • North American Supply Chains
    • Trans-Pacific Partnership Withdrawal

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