On This Day: President Bush announced the completion of NAFTA

On Aug. 12, 1992, President George H.W. Bush announced the completion of the North American Free Trade Agreement with Mexico and Canada.
By UPI Staff  |  Aug. 12, 2017 at 3:00 AM
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Aug. 12 (UPI) -- On this date in history:

In 1851, Isaac Singer was granted a patent for his sewing machine. He set up business in Boston with $40 in capital.

In 1898, a peace protocol was signed, ending the Spanish-American War. The United States acquired Puerto Rico, Guam and the Philippines, and annexed Hawaii.

In 1939, The Wizard of Oz starring Judy Garland had its world premiere in Oconomowoc, Wis.

In 1966, as the Beatles were beginning their last tour, John Lennon apologized for saying they were more popular than Jesus Christ.

In 1973, Jack Nicklaus won the PGA championship for his 14th major title, surpassing Bobby Jones' record of 13. Nicklaus won 18 majors in his career.

In 1981, IBM introduced the first personal computer.

In 1984, the 23rd Olympic Games ended in Los Angeles. It had a record attendance of 5.5 million people despite a Soviet-led boycott.

File Photo by Steve W Grayson/UPI

In 1985, in aviation's worst single-plane disaster, a Japan Air Lines Boeing 747 slammed into a mountain in central Japan, killing 520 people. Four passengers survived.

In 1992, President George H.W. Bush announced the completion of the North American Free Trade Agreement (NAFTA) with Mexico and Canada, creating the world's largest free trade bloc. President Bill Clinton signed the agreement into law on December 8, 1993.

In 2002, monsoons in Asia killed hundreds of people.

In 2012, officials in Iran said the death toll from two earthquakes that struck the northwestern part of the country rose to 250, with at least 2,000 others injured.

File Photo by Maryam Rahmanian/UPI

In 2013, Los Angeles billionaire Elon Musk revealed the design of his proposed Hyperloop high-speed transit system, which he said could carry passengers from LA to San Francisco in a half-hour at speeds up to 760 mph.

In 2014, actress Lauren Bacall died at her home in New York City a month before her 90th birthday.

In 2015, a series of powerful explosions rocked the Chinese port city of Tianjin, killing 145 people and injuring hundreds more.

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