HR 2464
Repealing Outdated and Unilateral Tariff Authorities Act
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Bill overview
This bill aims to eliminate a specific section of the Tariff Act of 1930. Specifically, it seeks to repeal section 338, which allows the President to impose tariffs on foreign goods based on discriminatory practices against U.S. commerce. By removing this provision, the bill restricts the President’s ability to unilaterally establish new tariffs. This change would remove a tool used to address trade disputes.
Key provisions
- Repeals section 338 of the Tariff Act of 1930.
- Limits the President’s authority to impose tariffs.
- Addresses discriminatory trade practices by foreign countries.
- Removes a mechanism for unilateral tariff adjustments.
Who is affected
- Businesses involved in international trade
- The United States government
- Foreign countries subject to potential tariffs
Notable changes
- Eliminates the President’s power to impose tariffs based on discrimination.
Sponsors
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Primary sponsor
Cosponsors
Donald S. Beyer
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119th CONGRESS — 1st Session
H. R. 2464
IN THE HOUSE OF REPRESENTATIVES
A BILL
To repeal section 338 of the Tariff Act of 1930.
This Act may be cited as the Repealing Outdated and Unilateral Tariff Authorities Act
.
Section 338 of the Tariff Act of 1930 (19 U.S.C. 1338) is hereby repealed.