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EconomyH.R. 2888Not Yet VotedComments

Stopping a Rogue President on Trade Act

Official title: To terminate certain tariffs imposed pursuant to emergency authorities and require congressional approval for the imposition of similar tariffs, and for other purposes.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This bill terminates specified executive orders imposing duties (i.e., tariffs) on certain imports into the United States. It also requires the President to receive congressional approval in order to take certain trade actions.

Specifically, the bill terminates duties imposed under the following executive orders (or any executive orders that are substantially similar to these executive orders):

  • Executive Order 14257, which imposed a 10% tariff on most imports to the United States and additional duties on specified trading partners;
  • Executive Order 14193, which imposed a 25% tariff on most imports from Canada (except for Canadian energy or energy resources, which have a 10% tariff); and
  • Executive Order 14194, which imposed a 25% tariff on most imports from Mexico.

Additionally, the bill prohibits the President from imposing or increasing a duty, quota, or tariff-rate quota on imports entering the United States, or preventing the application of trade agreement concessions on imports, unless a joint resolution of approval is enacted into law.

The bill provides exclusions from this congressional approval requirement, such as imposing antidumping and countervailing duties under the Tariff Act of 1930. (Antidumping laws provide relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty laws provide such relief from imports of products subsidized by a foreign government or public entity.)

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Timeline

  1. Library of CongressIntroduced in House
  2. House floor actionsReferred 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.
  3. Introduced
  4. Committee

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