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Repealing outdated presidential authority for unilateral tariffs

This bill aims to eliminate an outdated 1930 provision that granted the President unilateral authority to impose tariffs on goods from countries deemed to be discriminating against U.S. commerce. Repealing this section could foster greater stability in international trade, potentially reducing the risk of sudden cost changes for imported goods, which affects consumer prices and business operations. Citizens may experience less uncertainty regarding the future prices of imported products.
Key points
Repeals Section 338 of the Tariff Act of 1930, which provided the President with broad, unilateral tariff-imposing powers.
The change seeks to modernize U.S. trade law and limit the ability to suddenly introduce tariff barriers without Congressional approval.
Potentially stabilizes import costs for businesses and consumers by reducing the risk of arbitrary price increases on foreign goods.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2464
Sponsor: Rep. Schneider, Bradley Scott [D-IL-10]
Process start date: 2025-03-27
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Repealing Outdated and Unilateral Tariff Authorities Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2464.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-03-27.

What are the main provisions?

Key points include:

  • Repeals Section 338 of the Tariff Act of 1930, which provided the President with broad, unilateral tariff-imposing powers.
  • The change seeks to modernize U.S. trade law and limit the ability to suddenly introduce tariff barriers without Congressional approval.
  • Potentially stabilizes import costs for businesses and consumers by reducing the risk of arbitrary price increases on foreign goods.
What is the specific legal status?

The current status is Introduced.

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 Rep. Schneider, Bradley Scott [D-IL-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy