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H.R. 2459 · 119th Congress

Reclaim Trade Powers Act

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Not yet voted on. This bill is still a proposal: it hasn't reached a floor vote, and its text can change in committee or on the floor before any vote.

JPD PanettaSponsor
21 cosponsors · 21 D

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.

What it does: CRS summary · Introduced in House · Mar 27, 2025

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Reclaim Trade Powers Act

Latest action (Mar 27, 2025): Referred to the House Committee on Ways and Means.

Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Mar 27, 2025

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.