Govoptes

HR 2459 ยท Reclaim Trade Powers Act

Referred to the House Committee on Ways and Means.

Introduced
Mar 27, 2025
Latest action
Mar 27, 2025
Sponsor
Rep. Jimmy Panetta [D-CA-19]
Policy area
Foreign Trade and International Finance
Cosponsors
21

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.

Recent actions

  1. Mar 27, 2025 Referred to the House Committee on Ways and Means.
  2. Mar 27, 2025 Introduced in House
  3. Mar 27, 2025 Introduced in House

Votes

No recorded votes are available for this bill.

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