The North American Free Trade Agreement (NAFTA) comes into effect on January 1, 1994, NAFTA immediately lifted tariffs on the majority of goods produced by the signatory nations. It also called for the gradual elimination, over a period of 15 years, of most remaining barriers to cross-border investment and to the movement of goods and services among the three countries.
The North American Free Trade Agreement (NAFTA) was terminated on June 30, 2020 and was replaced on July 1, 2020 by the United Sates – Mexico – Canada Agreement (USMCA).
