H.R. 2842 — Stop Raising Prices on Food Act

This section limits the President's authority to proclaim new or additional duties under specified statutes—section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862), section 338 of the Tariff Act of 1930 (19 U.S.C. 1338), the Trading with the Enemy Act (50 U.S.C. 4301 et seq.), or the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)—on articles imported from a covered country (i.e., one of the five countries, treating the European Union as a single country, with the highest volume of U.S. agricultural imports in the preceding fiscal year). Such duties may be proclaimed only if the President submits to Congress a request describing the objective, explaining why diplomatic engagement or other mechanisms are insufficient, and assessing impacts on the U.S. agricultural economy, and a joint resolution of approval is enacted into law using expedited procedures under section 152 of the Trade Act of 1974 (19 U.S.C. 2192).