H.R.4680 - Mexico-United States Trade Act101st Congress (1989-1990)
|Sponsor:||Rep. Kolbe, Jim [R-AZ-5] (Introduced 04/30/1990)|
|Committees:||House - Ways and Means; Rules|
|Latest Action:||House - 05/21/1990 Referred to the Subcommittee on Rules of the House. (All Actions)|
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Text: H.R.4680 — 101st Congress (1989-1990)All Information (Except Text)
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- Bill and resolution texts for 1989-1992 (101st-102nd Congresses) predate authenticated digital publishing.
Introduced in House
HR 4680 IH 101st CONGRESS 2d Session H. R. 4680 To authorize negotiation of a Mexico-United States Free Trade Agreement, and for other purposes. IN THE HOUSE OF REPRESENTATIVES April 30, 1990 Mr. KOLBE introduced the following bill; which was referred jointly to the Committees on Ways and Means and Rules A BILL To authorize negotiation of a Mexico-United States Free Trade Agreement, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the `Mexico-United States Trade Act'. SEC. 2. FINDINGS. The Congress makes the following findings: (1) The income and prosperity of the citizens of the United States and Mexico are increased by the mutual reduction of trade barriers. (2) The free trade agreements into which the United States has entered with Israel and Canada symbolize the path of prosperity for the United States in its trade relations into the next century. (3) The establishment of a Mexico-United States Free Trade Area will promote the mutual reduction of trade barriers with other countries as well, initiating a series of trade barrier reductions, instead of the dismal succession of trade barrier increases likely to result from a resort to protectionism and trade retaliation. (4) Trade protectionism endangers economic prosperity in the United States, Mexico, and globally, and undermines civil liberty and constitutionally limited government. SEC. 3. MEXICO-UNITED STATES FREE TRADE AGREEMENT. (a) IN GENERAL- The President shall take action to initiate negotiations to obtain a trade agreement with Mexico, the terms of which provide for the reduction and ultimate elimination of tariffs and nontariff barriers to trade, and is authorized to enter into a trade agreement with Mexico that provides for the elimination or reduction of any duty imposed by the United States and for the establishment of a free trade area between Mexico and the United States. (b) RECIPROCAL BASIS- An agreement entered into under subsection (a) shall be reciprocal and provide mutual reductions in trade barriers to promote trade, economic growth, and employment. (c) PHASED REDUCTION OF BARRIERS- Any agreement entered into under subsection (a) may provide for a reduction or elimination of tariff and nontariff barriers to trade that may be gradually reduced or eliminated over a period that does not exceed 10 years. SEC. 4. EXPEDITED CONSIDERATION OF FREE TRADE AGREEMENT. (a) CONSULTATION WITH CONGRESS- (1) Before the President enters into any trade agreement under section 3 of this Act, the President shall consult with-- (A) the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate; and (B) each other committee of the House and the Senate, and each joint committee of the Congress, which has jurisdiction over legislation involving subject matters which would be affected by the trade agreement. (2) The consultation under paragraph (1) shall include-- (A) the nature of the agreement; (B) how and to what extent the agreement will achieve the applicable purposes, policies, and objectives of section 1101 of the Omnibus Trade and Competitiveness Act of 1988; and (C) all matters relating to the implementation of the agreement under subsection (b) of this section. (b) IMPLEMENTATION- (1) Any agreement entered into under section 3 of this Act shall enter into force with respect to the United States if (and only if)-- (A) the President, at least 90 calendar days before the day on which he enters into the trade agreement, notifies the House of Representatives and the Senate of his intention to enter into the agreement, and promptly thereafter publishes notice of such intention in the Federal Register; (B) after entering into the agreement, the President submits a document to the House of Representatives and to the Senate containing a copy of the final legal text of the agreement, together with-- (i) a draft of the implementing bill, (ii) a statement of any administrative action proposed to implement the trade agreement, and (iii) the supporting information described in paragraph (2); and (C) the implementing bill is enacted into law. (2) The supporting information required under paragraph (1)(B)(iii) consists of-- (A) an explanation as to how the implementing bill and proposed administrative action will change or affect existing law; and (B) a statement-- (i) asserting that the agreement makes progress in achieving the applicable purposes, policies, and objectives of section 1101 of the Omnibus Trade and Competitiveness Act of 1988, (ii) setting forth the reasons of the President regarding-- (I) how and to what extent the agreement makes progress in achieving the applicable purposes, policies, and objectives referred to in clause (i), and why and to what extent the agreement does not achieve other applicable purposes, policies, and objectives, (II) how the agreement serves the interests of United States commerce, and (III) why the implementing bill and proposed administrative action is required or appropriate to carry out the agreement; (iii) describing the efforts made by the President to obtain international exchange rate equilibrium and any effect the agreement may have regarding increased international monetary stability; and (iv) describing the extent, if any, to which-- (I) each foreign country that is a party to the agreement maintains noncommercial state trading enterprises that may adversely affect, nullify, or impair the benefits to the United States under the agreement, and (II) the agreement applies to or affects purchases and sales by such enterprises. (3) To ensure that the foreign country which receives benefits under a trade agreement entered into under section 3 of this Act is subject to the obligations imposed by such agreement, the President shall recommend to Congress in the implementing bill and statement of administrative action submitted with respect to such agreement that the benefits and obligations of such agreement apply solely to the parties to such agreement, if such application is consistent with the terms of such agreement. The President may also recommend with respect to any such agreement that the benefits and obligations of such agreement not apply uniformly to all parties to such agreement, if such application is consistent with the terms of such agreement. (c) QUALIFYING FOR EXPEDITED CONSIDERATION- Any draft of a bill implementing a trade agreement entered into under section 3 of this Act, that is submitted to the Congress by the President shall be considered to be an implementing bill for purposes of section 151 of the Trade Act of 1974 (19 U.S.C. 2191). SEC. 5. EFFECT ON COUNTRIES NOT PARTY TO AN AGREEMENT. Notwithstanding any other provision of law, no trade benefit shall be extended to any country by reason of the extension of any trade benefit to another country under a trade agreement entered into under section 3 of this Act with such other country.