This concurrent resolution states Congress's view that the proposed interpretation of USMCA Annex 14-C has no legal effect for the United States or U.S. persons unless Congress approves it. It also says U.S. agencies may not use the interpretation in legal proceedings or claim it affects U.S. persons' claims without congressional approval. The resolution was referred to the Senate Finance Committee.
The resolution concerns U.S. persons with certain investments in Canada or Mexico covered by Annex 14-C. It says the proposed interpretation cannot be used against their claims unless Congress approves it.
No publicly available information.
The resolution says Congress has final authority over binding trade agreements. It also says the proposed interpretation could limit some U.S. persons' rights and that the Trade Representative did not consult Congress appropriately.
No publicly available information.