United States significant event Gulf War
Post-Cold War era (1991–present)
Fearing the spread of regional international instability from the Iraqi invasion of Kuwait, in August 1991, President George H. W. Bush launched and led the Gulf War against Iraq, expelling Iraqi forces and dissolving the Iraqi-backed puppet state in Kuwait. During the administration of President Bill Clinton in 1994, the U.S. signed the North American Free Trade Agreement (NAFTA), causing trade among the U.S., Canada, and Mexico to soar. Due to the dot-com boom, stable monetary policy, and reduced social welfare spending, the 1990s saw the longest economic expansion in modern U.S. history.
Landmark event Key happening Pivotal occurrence Momentous incident Notable episode