legislation: 97-s-2251

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-s-2251 97 s 2251 A bill to amend the Trade Act of 1974 to restore the authority of the President with respect to reciprocal nondiscriminatory treatment. Foreign Trade and International Finance 1982-03-22 1982-03-24 Committee on Finance requested executive comment from OMB; International Trade Commission; Office of U.S. Trade Representative; Treasury Department; State Department. Senate Sen. Pressler, Larry [R-SD] SD R P000513 0 Amends the Trade Act of 1974 to grant the President specified powers if the President determines that a major industrial country: (1) does not provide equivalent competitive opportunities for U.S. commerce in that country; or (2) consistently violates U.S. trade laws. Directs the President, upon making such a determination, to recommend to Congress: (1) terminating certain U.S. concessions affecting tariffs or import restrictions; and (2) ending the applicability to such country of legislation necessary to carry out trade agreements. Authorizes the President, upon making such determination, to proclaim increased tariffs or other import restrictions. 2025-01-03T19:04:17Z https://www.congress.gov/bill/97th-congress/senate-bill/2251

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