H.R. 2459 · 119th Congress
Reclaim Trade Powers Act
In committee
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Bill details
Introduced: 3/27/2025
Current status: In committee
Introduced by: Jimmy Panetta (D · CA-19)
Bill ID: 119hr2459
Latest official action: Referred to the House Committee on Ways and Means.
Bill overview
A neutral overview based on official congressional sources.
Introduced in House
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.
Source: BILLSUM · Summary date: 3/27/2025
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