arrow_back Back to App

Congressional Approval Required for Presidential Tariffs and Trade Restrictions.

This bill mandates that the U.S. Congress must approve any new tariffs, import quotas, or other unilateral trade restrictions imposed by the President. This change ensures that trade actions potentially affecting consumer prices and jobs are subject to detailed economic analysis and approval by citizens' representatives before implementation. The goal is to foster greater stability and predictability in trade policy, indirectly influencing the cost of living and economic health.
Key points
The President must secure Congressional approval (joint resolution) before imposing new tariffs or import restrictions.
Any proposed trade restriction requires a public economic cost-benefit analysis, including its impact on U.S. employment and GDP.
The law aims to limit sudden, unilateral changes in trade policy that could destabilize consumer prices and business operations.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_1060
Sponsor: Sen. Lee, Mike [R-UT]
Process start date: 2023-03-29
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Global Trade Accountability Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_1060.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-03-29.

What are the main provisions?

Key points include:

  • The President must secure Congressional approval (joint resolution) before imposing new tariffs or import restrictions.
  • Any proposed trade restriction requires a public economic cost-benefit analysis, including its impact on U.S. employment and GDP.
  • The law aims to limit sudden, unilateral changes in trade policy that could destabilize consumer prices and business operations.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Lee, Mike [R-UT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy