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【12/8今日美史】北美自由贸易协定签署成为法律

 PeerBang留学 2021-12-08

每天一篇“今日美史”,提炼和总结历史在今天发生的重要事件:谁,在哪里,什么时候,做了什么,这件事为什么重要,以及在写关于什么主题的论文的时候可以作为潜在的论据引用。

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12/8



NAFTA signed into law


When

Where

Who

 What 


When: 1993

Who:Bill Clinton

What:
The North American Free Trade Agreement (NAFTA) is signed into law by President Bill Clinton. Clinton said he hoped the agreement would encourage other nations to work toward a broader world-trade pact.

Why

significant

NAFTA, a trade pact between the United States, Canada and Mexico, eliminated virtually all tariffs and trade restrictions between the three nations. The passage of NAFTA was one of Clinton’s first major victories as the first Democratic president in 12 years—though the movement for free trade in North America had begun as a Republican initiative.

During its planning stages, NAFTA was heavily criticized by Reform Party presidential candidate Ross Perot, who argued that if NAFTA was passed, Americans would hear a “giant sucking sound” of American companies fleeing the United States for Mexico, where employees would work for less pay and without benefits. The pact, which took effect on January 1, 1994, created the world’s largest free-trade zone.

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