S 4049 · 119th Congress · Foreign Trade and International Finance

Reclaim Trade Powers Act

Introduced 2026-03-11· Sponsored by Sen. Kaine, Tim [D-VA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2026-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] Reclaim Trade Powers Act This bill repeals the statute that directs the President to take certain actions, such as imposing a tariff of up to 15% for up to 150 days on articles imported into the United States, when necessary to address large and serious U.S. balance-of-payments deficits or certain other situations that present fundamental international payments problems.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (15)

14 Democrats1 Independent