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Protecting US Investments in Mexico & Canada: Congressional Approval Required

This Congressional resolution aims to ensure that any changes to the trade agreement with Mexico and Canada (USMCA) that could affect the rights of American investors must be approved by Congress. This means that without Congressional approval, no new interpretations of the agreement will have legal effect, thereby protecting the financial interests of US citizens investing in these countries.
Key points
Proposed changes to the USMCA trade agreement regarding US investor rights will not be valid without Congressional approval.
US government agencies cannot invoke these changes in legal proceedings until Congress approves them.
The goal is to protect American investors from arbitrary treatment of their assets in Canada and Mexico.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_SCONRES_5
Sponsor: Sen. Britt, Katie Boyd [R-AL]
Process start date: 2025-01-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A concurrent resolution expressing the sense of Congress that the proposed "joint interpretation" of Annex 14-C of the United States-Mexico-Canada Agreement prepared by United States Trade Representative Katherine Tai is of no legal effect with respect to the United States or any United States person unless it is approved by Congress.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_SCONRES_5.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-01-15.

What are the main provisions?

Key points include:

  • Proposed changes to the USMCA trade agreement regarding US investor rights will not be valid without Congressional approval.
  • US government agencies cannot invoke these changes in legal proceedings until Congress approves them.
  • The goal is to protect American investors from arbitrary treatment of their assets in Canada and Mexico.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Britt, Katie Boyd [R-AL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Courts and Law