summary
Introduced
02/21/2023
02/21/2023
In Committee
12/17/2024
12/17/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To grant certain authorities to the President to combat economic coercion by foreign adversaries, and for other purposes.
AI Summary
This bill grants the President additional authorities to combat economic coercion by foreign adversaries against U.S. allies and trading partners. The bill allows the President to take actions such as reducing tariffs, providing foreign aid, expediting export licenses, and coordinating with allies to support foreign trading partners subject to economic coercion. It also allows the President to increase tariffs on goods from foreign adversaries engaged in such coercion. The bill establishes procedures for congressional review and approval/disapproval of the President's actions. Overall, the bill aims to empower the U.S. government to counter and respond to economic coercion tactics used by foreign adversaries against American allies and partners.
Committee Categories
Business and Industry, Military Affairs and Security
Sponsors (10)
Gregory Meeks (D)*,
Colin Allred (D),
Ami Bera (D),
Tom Cole (R),
Young Kim (R),
Raja Krishnamoorthi (D),
Mike Lawler (R),
Seth Moulton (D),
Brad Schneider (D),
Brad Sherman (D),
Last Action
Referred to the Subcommittee on Trade. (on 12/17/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/1135/all-info |
| BillText | https://www.congress.gov/118/bills/hr1135/BILLS-118hr1135ih.pdf |
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