STABLE Trade Policy Act

S 348, the STABLE Trade Policy Act, requires the President to obtain Congressional approval before imposing new tariffs on specific allies and trade partners. It applies to countries that are NATO members, major non-NATO allies, or have free trade agreements with the U.S. The bill mandates that the President submit a detailed request to Congress - including the purpose, diplomatic alternatives considered, and economic impact assessments - before proposing such tariffs. Congress must then pass a joint resolution approving the tariff within 15 legislative days for it to take effect. This changes current practice by adding a formal legislative check on the executive branch's trade authority for these relationships.