S 4049 ยท Reclaim Trade Powers Act
Read twice and referred to the Committee on Finance.
- Introduced
- Mar 11, 2026
- Latest action
- Mar 11, 2026
- Sponsor
- Sen. Tim Kaine [D-VA]
- Policy area
- Foreign Trade and International Finance
- Cosponsors
- 15
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
- Mar 11, 2026 Read twice and referred to the Committee on Finance.
- Mar 11, 2026 Introduced in Senate
Votes
No recorded votes are available for this bill.