Reclaim Trade Powers Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2026
Read twice and referred to the Committee on Finance.
Mar 11, 2026
Introduced in Senate
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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
Read twice and referred to the Committee on Finance.
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
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/)