Urging the President to negotiate with Canada and Mexico an expanded and improved rule of origin for the North American Free Trade Agreement.

[AI summary unavailable — showing source text] Urges the President to propose to Canada and Mexico an expanded rule of origin for the North American Free Trade Agreement (NAFTA) which will: (1) require a higher level of North American content for manufactured goods qualifying for a reduced tariff benefit under the United States-Canada Free Trade Agreement; (2) measure such content using only manufacturing costs, and in accordance with generally accepted accounting practices; (3) expand the benefits available to North American firms whose goods meet specified NAFTA rule of origin requirements to include significantly preferential relief from Canadian and Mexican nontariff barriers; (4) assure an equitable distribution of NAFTA economic benefits to U.S., Canadian, and Mexican workers, consumers, and firms by stipulating a further qualification in the NAFTA rule of origin that specifies a minimum and levels of national and industry value-added within the overall North American content standard; and (5) engender higher confidence for free trade agreements among North American workers and consumers, provide greater certainty to North American firms, and maximize economic growth in the United States, Canada, and Mexico.…