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Trade Security Act of 2018

Introduced: August 1, 2018 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2018
Read twice and referred to the Committee on Finance.
Aug 1, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

Trade Security Act of 2018

This bill amends the Trade Expansion Act of 1962 to revise 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.

What's happening now August 1, 2018

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1