State Exports to NAFTA Countries for 2016 (CRS Report for Congress)
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Release Date |
Oct. 24, 2017 |
Report Number |
NAFTA-STATE |
Source Agency |
Congressional Research Service |
Summary:
This product provides statistics on state-level U.S. exports to Canada and Mexico, parties to the North American Free Trade
Agreement (NAFTA), using data from the U.S. Census Bureau tailored for the state of Alabama. This information was compiled
based on a congressional request. State-level trade data have a number of limitations and should be interpreted with caution.
Please see the data limitations discussion below. NAFTA entered into force in 1994 and has eliminated nearly all tariffs among the
three parties. The NAFTA parties are currently engaged in a renegotiation of the agreement, which if concluded would likely require
implementing legislation by Congress. The Trump Administration has also announced the possibility of withdrawing from the
agreement if the renegotiations are not successfully concluded. In this case, it is possible that tariffs between the three countries
could return to World Trade Organization rates. Congress could also affect the withdrawal process and resulting tariffs, including by
passing legislation affecting presidential tariff proclamation authorities or by enacting specific tariff rates into law. For more on
NAFTA, please see CRS Report R44981 NAFTA Renegotiation and Modernization by M. Angeles Villareal and Ian F. Fergusson.