Bill > HR2712

This bill aims to limit the President's authority to modify import duty rates for national security reasons and the United States Trade Representative's ability to impose duties or import restrictions. Specifically, the bill requires the President to submit a detailed proposal to the International Trade Commission and Congress before implementing new national security-related duties, including descriptions of affected articles, proposed duty rates, and duration. The President must consult with key congressional committees and obtain congressional approval through a joint resolution. There is an exception for urgent actions during national emergencies or imminent threats, allowing the President to implement duties for up to 120 days. For the United States Trade Representative, the bill establishes a similar process requiring submission of import restriction proposals to the International Trade Commission, notification to Congress, consultation with relevant committees, and a 60-day waiting period during which Congress can pass a disapproval resolution. These provisions are designed to increase congressional oversight and transparency in trade-related national security decisions, ensuring that significant trade actions receive legislative scrutiny and preventing unilateral executive actions that could have broad economic implications.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/2712/all-info