North American Free Trade Agreement (NAFTA) | Office of the United States Trade Represe... - 0 views
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north american free trade agreement office united united states Nafta Xavier
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On January 1, 1994, the North American Free Trade Agreement between the United States, Canada, and Mexico (NAFTA) entered into force.
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All remaining duties and quantitative restrictions were eliminated, as scheduled, on January 1, 2008.
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NAFTA created the world's largest free trade area, which now links 450 million people producing $17 trillion worth of goods and services.
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The United States has $918 billion in total (two ways) goods trade with NAFTA countries (Canada and Mexico) during 2010. Goods exports totaled $412 billion; Goods imports totaled $506 billion. The U.S. goods trade deficit with NAFTA was $95 billion in 2010.