Bill > S348

This bill establishes new Congressional oversight procedures for the President's ability to impose tariffs (duties) on imports from allied countries. Specifically, the bill requires the President to obtain congressional authorization before implementing new or additional tariffs on countries that are NATO members, major non-NATO allies, or countries with existing free trade agreements with the United States. To do so, the President must submit a detailed request to Congress explaining the objective of the proposed tariffs, why alternative diplomatic or trade resolution methods are insufficient, and providing assessments of potential impacts on U.S. foreign policy, national security, and the overall economy. Congress would then have 15 legislative days to consider a joint resolution approving the tariffs. The bill applies to duties proclaimed under several existing trade and emergency economic powers laws, effectively creating a new legislative check on presidential trade actions. By requiring explicit congressional approval, the bill aims to ensure more transparent and collaborative trade policy decision-making, preventing unilateral tariff impositions without legislative input.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/348/all-info