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How long did some NAFTA tariffs take to be eliminated?
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North American Free Trade Agreement
(From left) Mexican Pres. Carlos Salinas de Gortari, U.S. Pres. George H.W. Bush, and Canadian Prime Minister Brian Mulroney meeting to initial the North American Free Trade Agreement in San Antonio, Texas, October 7, 1992.
Under the North American Free Trade Agreement (NAFTA), the reduction of tariffs and other trade barriers was implemented gradually. While some tariffs were removed immediately upon the agreement taking effect in 1994, others were phased out over periods lasting as long as 15 years.1