S 4049 United States Senate · 119th Congress

Reclaim Trade Powers Act

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.

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2026

Committee Review

Floor Vote

President

Introduced Mar 11, 2026 Last action Mar 11, 2026

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Full legislative history

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Committee

Mar 11, 2026

Committee

Read twice and referred to the Committee on Finance.

upper

Mar 11, 2026

Introduced

Introduced in Senate

upper

1 primary · 15 co-sponsors

Sponsors

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Legislator

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State

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