Prevent Tariff Abuse Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill limits the President’s ability to use the International Emergency Economic Powers Act (IEEPA) to impose tariffs or quotas on imported goods. Currently, IEEPA gives the President broad authority to regulate economic transactions during national emergencies, and this bill specifically excludes the power to use this authority for trade restrictions like tariffs. The goal is to prevent the President from using IEEPA to impose trade barriers in situations that don’t constitute a genuine national emergency. It clarifies that IEEPA cannot be used to implement duties or quotas on imports.
Key provisions
- Excludes the President’s authority under IEEPA to impose duties on imports.
- Excludes the President’s authority under IEEPA to impose tariff-rate quotas on imports.
- Excludes the President’s authority under IEEPA to impose other quotas on imports.
- Redesignates and amends Section 203 of the International Emergency Economic Powers Act.
Who is affected
- The President
- Businesses importing goods into the United States
- The United States economy
Notable changes
- Clarifies that IEEPA cannot be used for trade restrictions.
- Limits the scope of the President’s emergency powers related to trade.
Bill text
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