Loading chat...
US SB348
Bill
Status
1/30/2025
Primary Sponsor
Christopher Coons
Click for details
AI Summary
-
Requires congressional approval before the President can impose new or additional tariffs on imports from NATO member countries, major non-NATO allies, or countries with U.S. free trade agreements
-
Covers tariffs imposed under Section 232 (national security), Section 338 (trade discrimination), the Trading with the Enemy Act, and the International Emergency Economic Powers Act
-
Presidential requests for tariff authority must include the stated objective, explanation of why diplomacy cannot achieve the goal, and assessments of national security and economic impacts
-
Congress has 15 legislative days to introduce a joint resolution of approval, with expedited floor procedures under Trade Act of 1974 rules
-
Introduced January 30, 2025 by Senators Coons and Kaine and referred to the Senate Finance Committee
Legislative Description
STABLE Trade Policy Act Stopping Tariffs on Allies and Bolstering Legislative Exercise of Trade Policy Act
Foreign trade and international finance
Last Action
Read twice and referred to the Committee on Finance.
1/30/2025