Reclaim Trade Powers Act
Official title: A bill to repeal section 122 of the Trade Act of 1974 relating to balance-of-payments authority.
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Read twice and referred to the Committee on Finance.
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.
- Introduced in Senate Formatted Text PDF Formatted XML
Bodies those filers lobbied
Cite this page
U.S. Congress. (2026). S. 4049: Reclaim Trade Powers Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-4049/
"S. 4049: Reclaim Trade Powers Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-4049/.
S. 4049, 119th Cong. (2026), https://openamerica.io/bill/119-S-4049/.
[S. 4049: Reclaim Trade Powers Act](https://openamerica.io/bill/119-S-4049/)