The North American Free Trade Agreement (NAFTA) was signed by President Bill Clinton on December 8, 1993.
NAFTA is a trade agreement between the United States, Canada, and Mexico that was designed to eliminate trade barriers and promote economic growth between the three countries. It was negotiated during the administration of President George H. W. Bush and signed into law by President Clinton.
NAFTA was a controversial agreement that faced criticism from labor unions and environmental groups who argued that it would lead to job losses and environmental degradation. Despite these concerns, NAFTA has been credited with increasing trade and investment between the three countries and helping to create jobs in all sectors of the economy.
In recent years, NAFTA has undergone a renegotiation process, resulting in the creation of the United States-Mexico-Canada Agreement (USMCA), which was signed by President Donald Trump on November 30, 2018, and entered into force on July 1, 2020.
In conclusion, President Bill Clinton signed the North American Free Trade Agreement on December 8, 1993, as part of an effort to increase trade and economic growth between the United States, Canada, and Mexico.