§2486 Trade Relations with North American Countries

Summary

Congress says the United States should try to make a trade deal with Canada to help keep both economies stable. The President may start talks to set up a U.S.-Canada free trade area. Starting talks does not mean Congress has already approved any laws needed to carry out the deal. The President must study whether to make trade agreements with countries in the northern part of the Western Hemisphere to help U.S. and those countries grow and find more market opportunities. He must report his findings and conclusions to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate within 2 years after July 26, 1979. The study must look at competitive opportunities and competition in agriculture, energy, and other appropriate sectors.