Bill Details

S.348 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-01-30 - Read twice and referred to the Committee on Finance.
Introduced Date
2025-01-30
Policy Area
Foreign Trade and International Finance
Committees
View committees (1)
7
0

AI Summary This summary was generated by AI from the bill text. AI can get information wrong.

This bill would make it harder for the President to add new tariffs or raise existing tariffs on goods coming from U.S. allies and free trade partners. Before doing so, the President would have to send Congress a detailed request explaining the reason for the tariff, why other options would not work, and what effect it could have on U.S. foreign policy, national security, and the economy. Congress would then have to pass a joint resolution approving the action before the tariff could take effect.

  • The bill covers imports from NATO countries, countries named as major non-NATO allies, and countries that have a free trade agreement with the United States.

  • It applies to several kinds of tariff powers the President can use, including emergency and trade-related authorities.

  • The President’s request to Congress must explain the goal of the tariff, why diplomacy or trade dispute processes would not work better, and how the tariff would affect the U.S. economy and key industries.

  • A member of Congress could introduce a simple approval resolution, and Congress would use expedited procedures to consider it.

Official Summaries

Stopping Tariffs on Allies and Bolstering Legislative Exercise of Trade Policy Act or the STABLE Trade Policy Act

This bill requires the President to receive congressional approval in order to proclaim or increase the rates of duty (i.e., tariffs) on articles imported into the United States from covered countries. Under the bill, a covered country is (1) a member country of the North Atlantic Treaty Organization (NATO), (2) a country that has been designated as a major non-NATO ally under the Foreign Assistance Act of 1961 (e.g., Australia, Israel, and Japan), or (3) a country that has in effect a free trade agreement with the United States.

Specifically, the President may proclaim a new or additional covered duty (e.g., a duty proclaimed pursuant to Section 232 of the Trade Expansion Act of 1962) on an article imported into the United States from a covered country only if (1) the President submits to Congress a request for authorization to proclaim or increase the duty and the request contains specified information, such as a description of the objective the President seeks to achieve with the action and an assessment of the likely impact on the U.S. economy; and (2) a joint resolution of approval is enacted into law.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 348 Introduced in Senate (IS)]

<DOC>






119th CONGRESS
  1st Session
                                 S. 348

  To limit the authority of the President to impose new or additional 
duties with respect to articles imported from countries that are allies 
         or free trade agreement partners of the United States.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 30, 2025

 Mr. Coons (for himself and Mr. Kaine) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To limit the authority of the President to impose new or additional 
duties with respect to articles imported from countries that are allies 
         or free trade agreement partners of the United States.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stopping Tariffs on Allies and 
Bolstering Legislative Exercise of Trade Policy Act'' or the ``STABLE 
Trade Policy Act''.

SEC. 2. LIMITATION ON AUTHORITY OF THE PRESIDENT TO IMPOSE DUTIES ON 
              ALLIES AND FREE TRADE AGREEMENT PARTNERS OF THE UNITED 
              STATES.

    (a) Definitions.--In this section:
            (1) Covered country.--The term ``covered country'' means--
                    (A) a member country of the North Atlantic Treaty 
                Organization;
                    (B) a country that has been designated as a major 
                non-NATO ally under section 517 of the Foreign 
                Assistance Act of 1961 (22 U.S.C. 2321k); or
                    (C) a country that has in effect a free trade 
                agreement with the United States.
            (2) Covered duty.--The term ``covered duty'' means a duty 
        proclaimed pursuant to--
                    (A) section 232 of the Trade Expansion Act of 1962 
                (19 U.S.C. 1862);
                    (B) section 338 of the Tariff Act of 1930 (19 
                U.S.C. 1338);
                    (C) the Trading with the Enemy Act (50 U.S.C. 4301 
                et seq.); or
                    (D) the International Emergency Economic Powers Act 
                (50 U.S.C. 1701 et seq.).
    (b) Authority To Proclaim or Increase Duty Rates.--Notwithstanding 
any other provision of law, the President may proclaim a new or 
additional covered duty with respect to an article imported into the 
United States from a covered country, only if--
            (1) the President submits to Congress a request for 
        authorization to proclaim or increase the duty that includes--
                    (A) a description of the objective the President 
                seeks to achieve through the proclamation or increase 
                of the duty;
                    (B) an explanation of why such objective cannot be 
                achieved more effectively through diplomatic 
                engagement, trade dispute resolution processes, or 
                other mechanisms;
                    (C) an assessment of the likely impact of the duty 
                on the foreign policy and national security interests 
                of the United States; and
                    (D) an assessment of the likely impact of the 
                proposal on the economy of the United States as a whole 
                and on any relevant industry sector; and
            (2) a joint resolution of approval under subsection (c) is 
        enacted into law.
    (c) Joint Resolution of Approval.--
            (1) Joint resolution of approval defined.--In this 
        subsection, the term ``joint resolution of approval'' means a 
        joint resolution the sole matter after the resolving clause of 
        which is as follows: ``That Congress authorizes the President 
        to proclaim duty rates as set forth in the request of the 
        President submitted to Congress on ___________'', with the 
        blank space being filled with the date of the request submitted 
        under subsection (b)(1).
            (2) Introduction.--A joint resolution of approval may be 
        introduced in either House of Congress by any Member during the 
        15-legislative day period beginning on the date on which the 
        President submits to Congress the request under subsection 
        (b)(1).
            (3) Expedited procedures.--The provisions of subsections 
        (b) through (f) of section 152 of the Trade Act of 1974 (19 
        U.S.C. 2192) apply to a joint resolution of approval to the 
        same extent that such subsections apply to joint resolutions 
        under such section 152.
            (4) Rules of the senate and the house of representatives.--
        This subsection is enacted by Congress--
                    (A) as an exercise of the rulemaking power of the 
                Senate and the House of Representatives, respectively, 
                and as such is deemed a part of the rules of each 
                House, respectively, but applicable only with respect 
                to the procedure to be followed in that House in the 
                case of a joint resolution of approval, and supersedes 
                other rules only to the extent that it is inconsistent 
                with such rules; and
                    (B) with full recognition of the constitutional 
                right of either House to change the rules (so far as 
                relating to the procedure of that House) at any time, 
                in the same manner, and to the same extent as in the 
                case of any other rule of that House.
                                 <all>