, ▁as ▁the ▁once ▁dominant ▁liberal ism ▁weak ened ▁and ▁col lapsed . ▁Canada ▁during ▁this ▁era ▁was ▁domin ated ▁by ▁the ▁leadership ▁of ▁Pierre ▁Elli ot ▁Tru de au . ▁In ▁ 1 9 8 2 , ▁at ▁the ▁end ▁of ▁his ▁ten ure , ▁Canada ▁en sh r ined ▁a ▁new ▁constitution . ▁ ▁Canada ' s ▁Brian ▁Mul r oney ▁not ▁only ▁ran ▁on ▁a ▁similar ▁platform ▁but ▁also ▁fav ored ▁closer ▁trade ▁t ies ▁with ▁the ▁United ▁States . ▁This ▁led ▁to ▁the ▁Canada - Un ited ▁States ▁Free ▁Trade ▁Ag re ement ▁in ▁January ▁ 1 9 8 9 . ▁Mexican ▁pres idents ▁Miguel ▁de ▁la ▁Madrid , ▁in ▁the ▁early ▁ 1 9 8 0 s ▁and ▁Carlos ▁Sal inas ▁de ▁G ort ari ▁in ▁the ▁late ▁ 1 9 8 0 s , ▁started ▁implementing ▁liberal ▁economic ▁strateg ies ▁that ▁were ▁seen ▁as ▁a ▁good ▁move . ▁However , ▁Mexico ▁experienced ▁a ▁strong ▁economic ▁re cess ion ▁in ▁ 1 9 8 2 ▁and ▁the ▁Mexican ▁pes o ▁suffered ▁a ▁de valu ation . ▁In ▁the ▁United ▁States ▁president ▁Ron ald ▁Re agan ▁attempted ▁to ▁move ▁the ▁United ▁States ▁back ▁towards ▁a ▁hard ▁anti - comm un ist ▁line ▁in ▁foreign ▁affairs , ▁in ▁what ▁his ▁supp or ters ▁saw ▁as ▁an ▁attempt ▁to ▁assert ▁moral ▁leadership ▁( comp ared ▁to ▁the ▁Soviet ▁Union ) ▁in ▁the ▁world ▁community . ▁Dom est ically , ▁Re agan ▁attempted ▁to ▁bring ▁in ▁a ▁package ▁of ▁priv at ization