S. 4049In Committee
Reclaim Trade Powers Act
Repeals the statute authorizing temporary import tariffs to address U.S. balance of payments deficits and related international payments problems
Plain-English overview
What this bill does
Repeals the statute authorizing temporary import tariffs to address U.S. balance of payments deficits and related international payments problems
Key points
- Repeal temporary tariff authority
Current status
Where it stands
Status
In Committee
Latest action
2026-03-11 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedForeign Trade and International Finance