Free trade agreements of the United States
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The United States is party to many free trade agreements (FTAs) worldwide.
Beginning with the Theodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in the Caribbean and Latin America. The United States helped negotiate the General Agreement on Tariffs and Trade (later the World Trade Organization).[citation needed]
The United States' first free trade agreement was signed with Israel in 1985. The free trade agreement with Israel creates the most American jobs per value of trade between the two countries of all American free trade agreements .[1]
Active agreements
[edit]The following agreements are currently in effect, signature and entry into force dates are as listed by the World Trade Organization.[2]
Negotiations
[edit]The following agreements have begun negotiations since 2020.
Nation (s) | No of nations represented |
Status | Note | Treaty | Ref. |
---|---|---|---|---|---|
Kenya | 1 | Negotiations ongoing | Eight round of negotiations took place in September 2024. | United States-Kenya FTA | [31] |
United Kingdom | 1 | Negotiations stagnated | Fifth round of negotiations took place in October 2020. | United States-United Kingdom FTA | [32][33] |
Obsolete agreements
[edit]Nation (s) | No of nations represented |
Signed | Effective | Obsolete | Treaty | Superseded by | Ref. |
---|---|---|---|---|---|---|---|
Canada | 1 | January 2, 1988 | January 1, 1989 | January 1, 1994 | Canada–United States Free Trade Agreement | NAFTA Canada Mexico |
[34] |
NAFTA Canada Mexico |
2 | December 17, 1992 | January 1, 1994 | July 1, 2020 | North American Free Trade Agreement | USMCA Canada Mexico |
[35] |
Failed proposals
[edit]Free Trade Area of the Americas
|
See also
[edit]- Bilateral Investment Treaty
- European Union free trade agreements
- Free trade agreements of the United Kingdom
- List of free trade agreements
- Trade and Investment Framework Agreement
References
[edit]- ^ "Israel Gives Much More to the U.S. Economy Than You Imagined". The Tower. Retrieved July 17, 2024.
- ^ "Regional Agreements Database (United States)". World Trade Organization.
- ^ "Australia Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Australia". World Trade Organization.
- ^ "Bahrain Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Bahrain". World Trade Organization.
- ^ "CAFTA-DR (Dominican Republic-Central America FTA)". USTR.gov. Retrieved May 20, 2023.
- ^ "Dominican Republic - Central America - United States Free Trade Agreement (CAFTA-DR)". World Trade Organization.
- ^ "Chile Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Chile". World Trade Organization.
- ^ "United States- Colombia Trade Promotion Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Colombia". World Trade Organization.
- ^ "Israel Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Israel". World Trade Organization.
- ^ "Jordan Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Israel". World Trade Organization.
- ^ "Morocco Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Morocco". World Trade Organization.
- ^ "Oman Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Oman". World Trade Organization.
- ^ "U.S.- Panama Trade Promotion Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Panama". World Trade Organization.
- ^ "Peru Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Peru". World Trade Organization.
- ^ "Singapore Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States - Singapore". World Trade Organization.
- ^ "U.S. - Korea Free Trade Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "Korea, Republic of - United States". World Trade Organization.
- ^ "United States-Mexico-Canada Agreement". USTR.gov. Retrieved May 20, 2023.
- ^ "United States-Mexico-Canada Agreement (USMCA/CUSMA/T-MEC)". World Trade Organization.
- ^ "President Trump Announces Intent to Negotiate Trade Agreement with Kenya". USTR.gov. February 6, 2020. Retrieved November 18, 2024.
- ^ Truss, Elizabeth (May 5, 2020). "UK and US start trade negotiations". GOV.UK. Retrieved November 26, 2023.
- ^ "We'll fix US economy before signing trade deals, says Biden's Treasury pick Janet Yellen". The Independent. January 21, 2021. Retrieved November 26, 2023.
- ^ "Canada - US Free Trade Agreement (CUSFTA)". World Trade Organization. Retrieved May 20, 2023.
- ^ "North American Free Trade Agreement (NAFTA)". World Trade Organization. Retrieved May 20, 2023.
External links
[edit]- The Transatlantic Colossus: Global Contributions to Broaden the Debate on the EU-US Free Trade Agreement A collaborative publication with over 20 articles on the global implications of the TAFTA | TTIP