Bill > HR2842

This bill seeks to limit the President's ability to impose new or additional duties (tariffs) on imported agricultural goods from major U.S. trading partners. Specifically, the bill defines "covered countries" as the top 5 countries from which the United States imports agricultural goods, treating the European Union and its member countries as a single entity. The President would be required to obtain congressional approval before imposing new tariffs on these countries by submitting a detailed request to Congress that includes the objective of the tariff, an explanation of why alternative diplomatic or trade resolution methods are insufficient, and an assessment of potential impacts on the U.S. agricultural economy. The President must then seek a joint resolution of approval from Congress, which can be introduced within 15 legislative days of the request and would be subject to expedited congressional procedures. The bill applies to duties that could be proclaimed under several existing laws, including the Trade Expansion Act, Tariff Act, Trading with the Enemy Act, and International Emergency Economic Powers Act. The goal of the legislation appears to be protecting U.S. agricultural trade relationships and preventing unilateral tariff actions that could harm agricultural markets and raise food prices.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/2842/all-info