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Nafta purpose Form: What You Should Know

The United States and Mexico have been negotiating a Free Trade Agreement between the United States and Mexico since February 1994. The agreement is designed to open the two countries' markets to each other's products and services, reduce trade barriers, promote economic growth, and address specific challenges. Canadian farmers and ranchers are also interested to learn that U.S. farmers and ranchers are exempt from the U.S. duty and tax on beef. Beef from Canada and Mexico, however, must be counted toward the duty and tax. FACT SHEET: FTA-North American Free Trade Agreement, Frequently Asked The United States and Canada have negotiated the North American Free Trade Agreement (NAFTA), a comprehensive trade agreement for North American and Central American countries. NAFTA is aimed at increasing the value of exports, promoting economic growth, and contributing to the overall economic recovery in the region. NAFTA, the U.S.-Mexico- Canada Agreement, creates new market opportunities for NAFTA partners, including U.S. farmers and ranchers through changes to trade facilitation measures. The United States has negotiated significant improvements in our agricultural and agricultural services trade facilitation measures, resulting in an estimated increase to the U.S. farm sector of 11 billion in annual exports between 2024 and 2024. The improvements in these measures include improved market access under the U.S. Trade Representative's Trade Facilitation Measures for Agricultural Products and Agricultural Materials as well as an expansion of the rules of origin. The United States is the top destination for Canadian agricultural exports, accounting for almost 15 percent of Canada's total agricultural exports from January 2024 to December 2015. Canadian farmers and ranchers benefit from tariff-preferential access to the United States on all agricultural products, including Canada's major export agricultural product, grains and feed grains, and canola. The new tariff preferences in NAFTA should result in greater market access for Canadian farmers and ranchers by 2018. FACT SHEET: NAFTA tariff preferences — A Brief History of Tariff Preferences for Imported Agricultural Products Canada is currently negotiating the most significant free trade agreement in the world, the Trans-Pacific Partnership (TPP). The TPP offers access to millions of additional customers in the United States, Mexico, Chile, Peru, Australia, New Zealand and Japan.

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