United States Reciprocal Trade Act
- Last Action
- 3/1/2019
Actions
- 2019-03-01Referred to the Subcommittee on Trade.
- 2019-01-24Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-01-24Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-01-24Introduced in House
- 2019-01-24Introduced in House
CRS Summary
As of 2019-01-24 (00)
United States Reciprocal Trade Act
This bill allows the President, in certain circumstances, to (1) negotiate with a foreign country for tariff reductions on exported U.S. goods, or (2) impose additional duties on imported goods. Specifically, the President may take these actions if it is determined that the country (1) when importing a good from the United States, applies a higher rate of duty on that good than the rate imposed by the United States when imported from that country; or (2) similarly imposes other, nontariff trade restrictions on that good.
The President must terminate a rate of duty increase under this bill if the country no longer applies such higher rates or nontariff trade restrictions, or if the higher rate is no longer in the interest of the United States.
Congress may nullify a rate of duty increase implemented under this bill through a joint resolution.
This bill is effective for three years, subject to one three-year renewal.
Cosponsors (20)
- ROBERT ADERHOLT (R-AL)
- Chris Collins (R-NY)
- Paul Cook (R-CA)
- Mario Diaz-Balart (R-FL)
- Matt Gaetz (R-FL)
- Bob Gibbs (R-OH)
- Mike Kelly (R-PA)
- Billy Long (R-MO)
- David McKinley (R-WV)
- Carol Miller (R-WV)
- F. SENSENBRENNER (R-WI)
- Pete Stauber (R-MN)
- Duncan Hunter (R-CA)
- Eric Crawford (R-AR)
- PETER KING (R-NY)
- Michael Burgess (R-TX)
- Steven Palazzo (R-MS)
- David Rouzer (R-NC)
- John Rose (R-TN)
- Steve Stivers (R-OH)
Subjects
- Advisory bodies
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Free trade and trade barriers
- International organizations and cooperation
- Legislative rules and procedure
- Office of the U.S. Trade Representative
- Presidents and presidential powers, Vice Presidents
- Tariffs
- Trade agreements and negotiations
- Trade restrictions
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.