Repealing Outdated and Unilateral Tariff Authorities Act
Repealing Outdated and Unilateral Tariff Authorities Act
Plain Language Summary
# Summary of HR 2464: Repealing Outdated and Unilateral Tariff Authorities Act **What the Bill Would Do** This bill would remove a federal law that gives the President broad power to unilaterally impose tariffs (taxes on imported goods) on countries that discriminate against American goods or shipping. Currently, the President can add these tariffs without needing Congressional approval. If passed, this bill would eliminate that authority, requiring any future tariffs for these reasons to go through the normal legislative process involving Congress. **Who It Affects and Why It Matters** The bill would affect U.S.
Presidents' trade negotiating power, American businesses involved in international commerce, and consumers who buy imported goods. Supporters argue the law is outdated and that major trade decisions should require Congressional oversight rather than being made by presidential decree. The bill was introduced by Representative Bradley Schneider (D-Illinois) and is currently awaiting action in committee.
CRS Official Summary
Repealing Outdated and Unilateral Tariff Authorities ActThis bill repeals the statute that directs the President to impose new or additional tariffs on articles produced by, or imported on the vessels of, foreign countries that discriminate against U.S. commerce.
Latest Action
Referred to the House Committee on Ways and Means.