119th Congress · SENATE BILLBILL

S. 348STABLE Trade Policy Act

A bill to limit the authority of the President to impose new or additional duties with respect to articles imported from countries that are allies or free trade agreement partners of the United States.

Foreign trade and international finance
Introduced Jan 30, 2025
Last action Jan 30, 2025
Pipeline · Bill → Law
Step 1
Introduced
Jan 30, 2025
Step 2
Referred
Jan 30, 2025
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires the President to receive congressional approval in order to proclaim or increase the rates of duty (i.e., tariffs) on articles imported into the United States from covered countries. Under the bill, a covered country is (1) a member country of the North Atlantic Treaty Organization (NATO), (2) a country that has been designated as a major non-NATO ally under the Foreign Assistance Act of 1961 (e.g., Australia, Israel, and Japan), or (3) a country that has in effect a free trade agreement with the United States. Specifically, the President may proclaim a new or additional covered duty (e.g., a duty proclaimed pursuant to Section 232 of the Trade Expansion Act of 1962) on a...

Provisions · 2 sectionsIntroduced in Senate
AI
Timeline · 2 actions
Jan 30, 2025
Introduced in Senate
Jan 30, 2025
Read twice and referred to the Committee on Finance.