US HB764 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Republican 28-0)
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-03-01 - Referred to the Subcommittee on Trade.
Pending: House Subcommittee on Trade Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allows the President, in certain circumstances, to (1) negotiate with a foreign country for tariff reductions on exported U.S. goods, or (2) impose additional duties on imported goods. Specifically, the President may take these actions if it is determined that the country (1) when importing a good from the United States, applies a higher rate of duty on that good than the rate imposed by the United States when imported from that country; or (2) similarly imposes other, nontariff trade restrictions on that good. The President must terminate a rate of duty increase under this bill if the country no longer applies such higher rates or nontariff trade restrictions, or if the higher rate is no longer in the interest of the United States. Congress may nullify a rate of duty increase implemented under this bill through a joint resolution. is effective for three years, subject to one three-year renewal.

Tracking Information

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Title

United States Reciprocal Trade Act

Sponsors


History

DateChamberAction
2019-03-01HouseReferred to the Subcommittee on Trade.
2019-01-24HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-01-24HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-01-24HouseIntroduced in House

Same As/Similar To

SB2409 (Related) 2019-07-31 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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