The New Rules of the Gamin 1992, things looked bad for the U.S. economy: Western Europe was assembling into a powerful economic alliance (the European Union) to compete with America, Japan’s economy was unstoppable, and the U.S. was in the worst recession in decades. The North American Free Trade Agreement (NAFTA) was a trade agreement between the U.S., Canada and Mexico that lowered, but did not eliminate, many trade barriers between the three countries. In large part, Bush wanted to get NAFTA approved to strengthen the U.S. economy against Japan and Europe. The negotiations for NAFTA began under his term. NAFTA became an issue during the 1992
The New Rules of the Gamin 1992, things looked bad for the U.S. economy: Western Europe was assembling into a powerful economic alliance (the European Union) to compete with America, Japan’s economy was unstoppable, and the U.S. was in the worst recession in decades. The North American Free Trade Agreement (NAFTA) was a trade agreement between the U.S., Canada and Mexico that lowered, but did not eliminate, many trade barriers between the three countries. In large part, Bush wanted to get NAFTA approved to strengthen the U.S. economy against Japan and Europe. The negotiations for NAFTA began under his term. NAFTA became an issue during the 1992