NC S467

Memorializes Congress to approve the United States-Mexico-Canada Agreement (USMCA) to maintain trade continuity among the three North American economic partners.

Cites that trade with Canada and Mexico supports nearly 11 million American jobs, with nearly 5 million jobs supported by trade generated under NAFTA since 1994.

Notes that trade with Canada and Mexico has nearly quadrupled to $1.3 trillion since NAFTA entered into force, with the two countries purchasing more than one-third of U.S. merchandise exports.

Highlights that USMCA contains the most comprehensive intellectual property provisions of any multilateral U.S. trade agreement, addressing IP-intensive goods and services that did not exist when NAFTA was drafted.

Directs the Secretary of State to transmit the resolution to the President, Congressional committees, the U.S. Trade Representative, and relevant executive branch officials.