Trade Security Act of 2021
- Last Action
- 3/15/2021
Actions
- 2021-03-15Read twice and referred to the Committee on Finance.
- 2021-03-15Introduced in Senate
CRS Summary
As of 2021-03-15 (00)
Trade Security Act of 2021
This bill revises provisions related to the adjustment of U.S. imports due to a national security threat.
The bill allows Congress to block a presidential import adjustment through a joint resolution. This provision retroactively applies to adjustments made on or after July 1, 2018. However, it shall not apply to specified steel and aluminum import adjustments.
The Department of Defense (currently, the Department of Commerce) must
- investigate the national security threat of a U.S. import, and
- report to the President the results of that investigation.
Commerce must provide recommendations regarding such imports upon request by the President.
Cosponsors (5)
- Kyrsten Sinema (D-AZ)
- Joni Ernst (R-IA)
- Dianne Feinstein (D-CA)
- Roger Wicker (R-MS)
- Todd Young (R-IN)
Subjects
- Congressional oversight
- Congressional-executive branch relations
- Energy storage, supplies, demand
- Government information and archives
- Government studies and investigations
- Infrastructure development
- Military procurement, research, weapons development
- Military readiness
- Oil and gas
- Presidents and presidential powers, Vice Presidents
- Public participation and lobbying
- Tariffs
- 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.