The NAFTA Act of 1993 essays

The NAFTA Act of 1993 essays In 1993, the North American Free Trade Agreement (NAFTA) was passed. Included was a gradual removal of tariffs on various goods traded between Mexico, Canada and the United States. The first implementation of these tariff removals began on January 1, 1994. According to the U.S. information service, "Under the NAFTA, all non tariff barriers to agricultural trade between the United States and Mexico were eliminated. In addition, many tariffs were eliminated immediately, with others to be phased out, resulting in full implementation of all agricultural provisions by the year 2008." (Economic Perspectives, June 1996) It may be worth noting, in the aftermath of the recent outbreak of mad cow disease in a northwestern United States dairy herd that among the tariffs removed, making trade easier and more profitable for Canada, were restrictions and tariffs on agricultural products, including cattle. The infected cow was traced to a dairy cow producer in Canada. Since 1989, a U.S.-Canada Free Trade Agreement had been in effect; all the provisions incorporated in that, including tariffs, had been incorporated into NAFTA all tariff affecting agricultural trade between those two signatories to NAFTA had been removed by January 1, 1998. (Economic Perspectives, June A similar process was instituted, under NAFTA, regarding Mexico. All non tariff measures affecting agricultural trade between the U.S. and Mexico were eliminated in that first round, on January 1, 1994. Tariffs were to be eliminated in phases, with some tariff removed almost immediately. On January 1, 1996, the third round of tariff cuts with Mexico went into effect. Duty-free U.S. access increased 3 percent under Mexico's tariff- rate quotas covering corn, dried beans, poultry, barley, animal fats, eggs, and potatoes. (Economic Perspectives, June 1996) USAID noted that both Mexico and the U.S. have...