North american free trade agreement nafta established a free trade zone in north america it was signed in 1992 by canada mexico and the united states and took effect on jan 1 1994 nafta immediately lifted tariffs on the majority of goods produced by the signatory nations it also calls for the gradual elimination over a period of 15 years of most remaining barriers to cross border . 20 north americas free trade area and its impact on agriculture wrs 15 01 february 2015 2 letter to top legislators in both congressional chambers from ustr robert lighthizer may 18 2017 see also crs insight in10706 north american free trade agreement notification for renegotiation 3 82 federal register 98 23699 may 23 2017 . North american free trade agreement nafta the north american free trade agreement nafta which was enacted in 1994 and created a free trade zone for mexico canada and the united states is the most important feature in the us mexico bilateral commercial relationship as of january 1 2008 all tariffs and quotas were eliminated on us exports to mexico and canada under the north . The north american free trade agreement nafta has been in effect since january 1 1994 nafta was signed by president george h w bush on december 17 1992 and approved by congress on november 20 1993 the nafta implementation act was signed into law by president william j clinton on december 8 1993 pl 103 182 nafta continues to be of interest to congress because of the importance
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