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United States free trade agreements: Wikis

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     The United States      Current Bilateral/Multilateral FTA's      Proposed/Suspended Bilateral/Multilateral FTA's

The United States is party to many free trade agreements (FTAs) worldwide.

Contents

History

Similar to other industrial nations, the United States has a long history of opposition to free trade. Protectionism and isolationism were prevailing economic traditions for much of the 19th century.

Opposition to free trade in the United States can be traced back to Washington's Farewell Address, in which he advised the young nation to avoid "entangling alliances." This was meant to prevent America from developing permanent friends or enemies abroad. Due to the nation's military weakness after its birth, many people, especially the Jeffersonians held the belief that America must turn inward and avoid possible future conflicts with more powerful European nations.

During the 19th Century, the United States benefited from the Congress of Vienna, which created a relatively conflict-free century. At this time, America was left alone to solve its internal problems such as the US Civil War, enlarge the territory, and industrialize. By the late 1890s, America emerged as an important power on the Western Hemisphere, if not in the world.

Beginning with the Theodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in the Caribbean and Latin America. This was followed by World War I, in which the United States played the decisive role in determining the outcome of the war. President Wilson proposed the League of Nations, and he convinced many countries to join, save his own.

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Past free trade agreements

Free trade agreements in force

     The United States      FTA in force      FTA signed, awaiting ratification

Here is a list of free trade agreements of which the United States is part. In parentheses, the abbreviation, if applicable, membership if not stated before, and the date of coming into force are to be seen.

Free trade agreements waiting approval

Proposed free trade agreements

The United States is negotiating bilateral and multilateral free trade agreements with the following countries and blocs:

See also

References

  1. ^ Trans-Pacific Strategic Economic Partnership Agreement between Brunei Darussalam, Chile, New Zealand and Singapore - P4

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