United States Reciprocal Trade Act

# United States Reciprocal Trade Act Summary **What the bill would do:** This bill would give the President expanded power to respond to what supporters call unfair trade practices. Specifically, it would allow the President to negotiate tariff reductions with other countries or impose additional tariffs on imported goods if those countries charge higher tariffs on U.S. goods than the U.S. charges on theirs.

The President could also take action against countries using other trade barriers (like quotas or regulations) that disadvantage American products. This authority would last three years and could be renewed for another three years. **Who it affects and key provisions:** The bill impacts American businesses that export goods, domestic industries competing with imports, and consumers (who could face higher prices if tariffs increase). Key provisions include: the President must consult with and notify Congress before taking action; tariffs must be removed if the foreign country stops its unfair practices or if the tariffs no longer benefit the U.S.; and Congress maintains oversight authority. The bill essentially shifts trade negotiation power toward the executive branch. **Current status:** The bill is currently in committee (HR 735, introduced in the 119th Congress by Representative Riley Moore, R-WV), meaning it has not yet been voted on by the full House of Representatives.