Which Statement Is True Of The North American Free Trade Agreement (Nafta)

The Clinton administration negotiated an environmental agreement with Canada and Mexico, the North American Environmental Cooperation Agreement (NAAEC), which led to the creation of the Commission for Environmental Cooperation (CEC) in 1994. In order to allay concerns that nafta, the first regional trade agreement between a developing and two developed countries, would have negative effects on the environment, the Commission was tasked with carrying out an ex post-post environmental assessment[34] it created one of the first ex-post frameworks for the environmental assessment of trade liberalization, which was to provide a certain amount of evidence regarding the initial assumptions concerning NAFTA and the environment. , such as the fear that NAFTA could create a “race to the bottom” of environmental regulation between the three countries or that NAFTA would put pressure on governments to strengthen their environmental protection. [35] The CEC organized four symposiums on assessing the impact of NAFTA on the environment and requested 47 contributions from leading independent experts on the subject. [36] Shortly after his election, U.S. President Donald Trump said he would begin renegotiating NAFTA terms to resolve trade issues for which he had campaigned. The heads of state and government of Canada and Mexico have expressed their willingness to cooperate with the Trump administration. [129] Although he vaguely formulated the precise terms he wants in a renegotiated NAFTA, Trump has threatened to withdraw from it if negotiations fail. [130] The main provisions of NAFTA required a gradual reduction in tariffs, tariffs and other trade barriers between the three Member States, with some tariffs to be abolished immediately and others over a 15-year period.

The agreement guaranteed duty-free access for a wide range of industrial products and goods traded between the signatories. “Domestic goods” have been granted to products imported from other NAFTA countries and prohibit all governments, local or provincial, from imposing taxes or tariffs on these products. On September 30, 2018, the deadline for negotiations between Canada and the United States, an interim agreement was reached between the two countries, thus retaining the trilateral pact when the Trump administration submits the agreement to Congress. [150] The new name of the agreement was the United States-Mexico-Canada Agreement (USMCA) and came into force on July 1, 2020. [151] [152] After the election of President Trump in 2016, support for NAFTA was highly polarized between Republicans and Democrats. Donald Trump has expressed a negative view of NAFTA, calling it “the worst trade deal ever adopted in this country.” [159] Republican support for NAFTA has grown from 43% in 2008 to 34% in 2017. Meanwhile, Democrats` support for NAFTA has grown from 41 percent in 2008 to 71 percent in 2017. [160] Before sending it to the U.S. Senate, Clinton added two subsidiary agreements, the North American Agreement on Labor Cooperation (NAALC) and the North American Agreement on Environmental Cooperation (NAAEC) to protect workers and the environment, as well as to allay the concerns of many members of the House of Representatives.

The United States has required its partners to comply with similar environmental practices and regulations. [Citation required] After much attention and discussion, the U.S. House of Representatives passed the North American Free Trade Agreement Implementation Act on November 17, 1993. Supporters of the deal included 132 Republicans and 102 Democrats. The legislation passed the Senate on November 20, 1993, 61-38. [21] The Supporters of the Senate were 34 Republicans and 27 Democrats.