Politiparty
Politiparty

119th Congress Foreign Trade and International Finance

S. 4049: Reclaim Trade Powers Act

Introduced

  1. Introduced (completed)Mar 11, 2026
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 11, 2026

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

15

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Timothy Kaine D-VA SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Timothy Kaine

History

  1. Mar 11, 2026Introduced in the Senate by Timothy Kaine.
Show the full action history (2 actions)
  1. Mar 11, 2026Introduced in Senate
  2. Mar 11, 2026Read twice and referred to the Committee on Finance.