United States free-trade agreements
The United States is party to many free-trade agreements (FTAs) worldwide.
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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. Today, the United States has become a leader of the free trade movement, standing behind groups such as the General Agreement on Tariffs and Trade (later the World Trade Organization).
Past free trade agreements
- Canada: Canada–United States Free Trade Agreement (1988; superseded by NAFTA)
- North American Free Trade Agreement (NAFTA) (includes Canada and Mexico; 1994; replaced by USMCA)
Free trade agreements in force
Here is a list of free trade agreements of which the United States is part. In parentheses, the abbreviation, if applicable, membership if not stated before, and the date of coming into force are to be seen.
- Israel: Israel–United States Free Trade Agreement (includes Palestinian Authority; 1985)
- Jordan: Jordan–United States Free Trade Agreement (2001)
- Australia: Australia–United States Free Trade Agreement (2004)
- Chile: Chile–United States Free Trade Agreement (2004)
- Singapore: Singapore–United States Free Trade Agreement (2004)
- Bahrain: Bahrain–United States Free Trade Agreement (2006)
- Morocco: Morocco–United States Free Trade Agreement (2006)
- Oman: Oman–United States Free Trade Agreement (2006)
- Peru: Peru–United States Trade Promotion Agreement (2007)
- Dominican Republic–Central America Free Trade Agreement (DR-CAFTA; includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic; 2009)
- South Korea: United States–South Korea Free Trade Agreement (2010)[1]
- Colombia: United States–Colombia Free Trade Agreement (2012)[2]
- Panama: Panama–United States Trade Promotion Agreement (2012)[3]
- Japan: United States–Japan Trade Agreement (2020)
- Mexico Canada: United States–Mexico–Canada Agreement (USMCA) (2020; replaces NAFTA)[4]
Proposed free trade agreements
The United States has started negotiating bilateral and multilateral free trade agreements with the following countries and blocs:
- Free Trade Area of the Americas (FTAA; includes all countries on the Western Hemisphere, except Cuba)
- U.S.–Middle East Free Trade Area (US–MEFTA; includes most countries in the Middle East)
- : United States-United Kingdom FTA
- Thailand: United States–Thailand Free Trade Agreement (on hold since the 2006 Thai coup d'état)
- New Zealand: US–New Zealand Free Trade Agreement[5]
- Ghana: US–Ghana Free Trade Agreement
- Indonesia: US–Indonesia Free Trade Agreement
- Kenya: US–Kenya Free Trade Agreement
- Kuwait: US–Kuwait Free Trade Agreement (Expert-level trade talks held in February 2006)
- Malaysia: US–Malaysia Free Trade Agreement (last meeting was in July 2008)
- Mauritius: US–Mauritius Free Trade Agreement
- Mozambique: US–Mozambique Free Trade Agreement
- Taiwan: US–Taiwan Free Trade Agreement
- United Arab Emirates: US–United Arab Emirates Free Trade Agreement (5th round of talks are yet to be scheduled)
- US–Southern African Customs Union Free Trade Agreement (US-SAUC; includes South Africa, Botswana, Lesotho, Eswatini, and Namibia; on hold since 2006 due to US demands on intellectual property rights, government procurement rights and investment)
- Ecuador: US–Ecuador Free Trade Agreement
- Qatar: US–Qatar Free Trade Agreement (on hold since 2006)
- Trans-Pacific Partnership (includes Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam)
See also
References
- US, South Korea sign sweeping free-trade agreement Taipei Times, 5 Dec 2010, retrieved 22 Mar 2020
- Colombia-US free trade agreement comes into force BBC News, 12 May 2012, retrieved 22 Mar 2020
- The U.S.-Panama Free Trade Agreement Every CRSReport, 8 Nov 2012, retrieved 22 Mar 2020
- https://www.reuters.com/article/us-usa-trade-usmca/new-north-american-trade-pact-to-take-effect-july-1-ustr-idUSKCN2263H0 by Reuters, 25 April 2020, retrieved 5 July 2020
- Trans-Pacific Strategic Economic Partnership Agreement between Brunei Darussalam, Chile, New Zealand and Singapore - P4
External links
- 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