Canada Us Free Trade Agreement | Estateplanning | Vibepedia.Network

The Canada–United States Free Trade Agreement (CUSFTA) was a bilateral trade agreement signed on January 2, 1988, aiming to eliminate trade barriers between Canada and the United States. The agreement phased out trade restrictions over a ten-year period, significantly increasing cross-border trade. CUSFTA was later superseded by the North American Free Trade Agreement (NAFTA) in 1994, which included Mexico as a third party. The agreement had a profound impact on the economies of both countries, with [[canada|Canada]] and the [[united-states|United States]] becoming one of the world's largest trading partnerships.