HR 2459
119th Congress
House
Foreign Trade and International Finance
Reclaim Trade Powers Act
Introduced: March 27, 2025
Introduced by:
Panetta, Jimmy
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2025
Referred to the House Committee on Ways and Means.
Mar 27, 2025
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1