H.R. 2459 · 119th Congress
Reclaim Trade Powers Act
- Stage
- In committee
- Sponsor
- Jimmy Panetta
- Introduced
- 2025-03-27
- Latest action
- 2025-03-27 · Introduced in House
Summary
Reclaim Trade Powers Act
This bill repeals the statute that directs the President to take certain actions, such as imposing a tariff of up to 15% for up to 150 days on articles imported into the United States, when necessary to address large and serious U.S. balance-of-payments deficits or certain other situations that present fundamental international payments problems.