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Free trade agreements of the United States

From Wikipedia, the free encyclopedia
Laws allowing the North American superpower to lower tariffs on goods from other countries
  United States
  Countries with U.S. free trade agreements (bilateral,USMCA, andCAFTA-DR)
This article is part ofa series on the
Economy of
the United States
Coat of arms of the United States

TheUnited States is party to manyfree trade agreements (FTAs) worldwide.

Beginning with theTheodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in theCaribbean andLatin America. The United States helped negotiate theGeneral Agreement on Tariffs and Trade (later theWorld Trade Organization).

Active agreements

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The following agreements are currently in effect, signature and entry into force dates are as listed by the World Trade Organization.[1]

Nation (s)No of nations
represented
SignedEffectiveTreatyRef.
Australia1May 18, 2004January 1, 2005Australia–United States Free Trade Agreement[2][3]
Bahrain1September 14, 2005August 1, 2006Bahrain–United States Free Trade Agreement[4][5]
CAFTA-DR
Costa Rica
Dominican Republic
El Salvador
Guatemala
Honduras
Nicaragua
6August 5, 2004March 1, 2006Dominican Republic–Central America Free Trade Agreement[6][7]
Chile1June 6, 2003January 1, 2004Chile–United States Free Trade Agreement[8][9]
Colombia1November 20, 2006May 15, 2012United States–Colombia Free Trade Agreement[10][11]
Israel
Palestine Authority
2April 22, 1985August 19, 1985Israel–United States Free Trade Agreement[12][13]
Jordan1October 24, 2000December 17, 2001Jordan–United States Free Trade Agreement[14][15]
Morocco1June 15, 2004January 1, 2009Morocco–United States Free Trade Agreement[16][17]
Oman1November 15, 2004January 1, 2006Oman–United States Free Trade Agreement[18][19]
Panama1June 28, 2007October 31, 2012Panama–United States Trade Promotion Agreement[20][21]
Peru1April 12, 2006February 1, 2009Peru–United States Trade Promotion Agreement[22][23]
Singapore1May 6, 2003January 1, 2004Singapore–United States Free Trade Agreement[24][25]
South Korea1June 30, 2007March 15, 2012United States–Korea Free Trade Agreement[26][27]
USMCA
Canada
Mexico
2November 30, 2018July 1, 2020United States–Mexico–Canada Agreement[28][29]

Negotiations

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The following agreements have begun negotiations since 2020.

Nation (s)No of nations
represented
StatusNoteTreatyRef.
Kenya1Negotiations ongoingEighth round of negotiations took place in September 2024.Kenya–United States Free Trade Agreement[30][31]
United Kingdom1Negotiations stagnatedFifth round of negotiations took place in October 2020.United Kingdom–United States Free Trade Agreement[32][33]

Obsolete agreements

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Nation (s)No of nations
represented
SignedEffectiveObsoleteTreatySuperseded byRef.
Canada1January 2, 1988January 1, 1989January 1, 1994Canada–United States Free Trade AgreementNAFTA
Canada
Mexico
[34]
NAFTA
Canada
Mexico
2December 17, 1992January 1, 1994July 1, 2020North American Free Trade AgreementUSMCA
Canada
Mexico
[35]

Failed proposals

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Free Trade Area of the Americas

United States–Thailand Free Trade Agreement

Trans-Pacific Partnership

Transatlantic Trade and Investment Partnership

See also

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References

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  1. ^"Regional Agreements Database (United States)".World Trade Organization.
  2. ^"Australia Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  3. ^"United States - Australia".World Trade Organization.
  4. ^"Bahrain Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  5. ^"United States - Bahrain".World Trade Organization.
  6. ^"CAFTA-DR (Dominican Republic-Central America FTA)".USTR.gov. RetrievedMay 20, 2023.
  7. ^"Dominican Republic - Central America - United States Free Trade Agreement (CAFTA-DR)".World Trade Organization.
  8. ^"Chile Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  9. ^"United States - Chile".World Trade Organization.
  10. ^"United States- Colombia Trade Promotion Agreement".USTR.gov. RetrievedMay 20, 2023.
  11. ^"United States - Colombia".World Trade Organization.
  12. ^"Israel Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  13. ^"United States - Israel".World Trade Organization.
  14. ^"Jordan Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  15. ^"United States - Israel".World Trade Organization.
  16. ^"Morocco Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  17. ^"United States - Morocco".World Trade Organization.
  18. ^"Oman Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  19. ^"United States - Oman".World Trade Organization.
  20. ^"U.S.- Panama Trade Promotion Agreement".USTR.gov. RetrievedMay 20, 2023.
  21. ^"United States - Panama".World Trade Organization.
  22. ^"Peru Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  23. ^"United States - Peru".World Trade Organization.
  24. ^"Singapore Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  25. ^"United States - Singapore".World Trade Organization.
  26. ^"U.S. - Korea Free Trade Agreement".USTR.gov. RetrievedMay 20, 2023.
  27. ^"Korea, Republic of - United States".World Trade Organization.
  28. ^"United States-Mexico-Canada Agreement".USTR.gov. RetrievedMay 20, 2023.
  29. ^"United States-Mexico-Canada Agreement (USMCA/CUSMA/T-MEC)".World Trade Organization.
  30. ^Office of the United States Trade Representative (February 6, 2020)."President Trump Announces Intent to Negotiate Trade Agreement with Kenya".Office of the United States Trade Representative.Archived from the original on December 4, 2024. RetrievedDecember 8, 2024.
  31. ^Office of the United States Trade Representative (September 9, 2024)."United States and Kenya to Hold Eighth Negotiating Round Under the Strategic Trade and Investment Partnership".Office of the United States Trade Representative.Archived from the original on December 4, 2024. RetrievedDecember 8, 2024.
  32. ^Truss, Elizabeth (November 2, 2020)."Negotiations on the UK's Future Trading Relationship with the US: Update".GOV.UK.Archived from the original on November 2, 2020. RetrievedJanuary 25, 2024.
  33. ^Giordano, Chiara (January 21, 2021)."We'll fix US economy before signing trade deals, says Biden's Treasury pick Janet Yellen".The Independent.Archived from the original on November 26, 2023. RetrievedNovember 26, 2023.
  34. ^"Canada - US Free Trade Agreement (CUSFTA)".World Trade Organization. RetrievedMay 20, 2023.
  35. ^"North American Free Trade Agreement (NAFTA)".World Trade Organization. RetrievedMay 20, 2023.

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