Balancing Trade Act of 2005
Official title: To require that, in cases in which the annual trade deficit between the United States and another country is $10,000,000,000 or more for 3 consecutive years, t… Show full official titleShow less
Official title: To require that, in cases in which the annual trade deficit between the United States and another country is $10,000,000,000 or more for 3 consecutive years, the President take the necessary steps to create a more balanced trading relationship with that country.
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Referred to the House Committee on Ways and Means.
Balancing Trade Act of 2005 - Requires the President, if in three consecutive calendar years the United States has a trade deficit with another country of $10 billion or more, to take the necessary steps to create a trading relationship that would eliminate or substantially reduce that trade deficit, by entering into an agreement with that country or otherwise.
- Introduced in House Formatted Text PDF Formatted XML
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U.S. Congress. (2026). H.R. 4405: Balancing Trade Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4405/
"H.R. 4405: Balancing Trade Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4405/.
H.R. 4405, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4405/.
[H.R. 4405: Balancing Trade Act of 2005](https://openamerica.io/bill/109-HR-4405/)