HR 6991
Fair Trade Act of 2026
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 13, 2026, 4:12 PM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Fair Trade Act of 2026, proposes to increase tariffs on goods imported into the United States. It would impose a 10% duty on goods from countries with which the U.S. has a trade surplus and a 15% duty on goods from countries with a trade deficit. The President has the authority to adjust these duty rates, potentially reducing them to a positive percentage if deemed beneficial to the nation’s interests, but must consult with Congress beforehand. This legislation aims to address trade imbalances and potentially protect domestic industries.
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