What this bill does
AI plain-language summaryThis bill would let the President make special trade agreements with other countries about medical supplies like medical devices and medicines. The President could change taxes on these medical goods from other countries or keep them tax-free if it would help America's national security and public health. These agreements could reduce trade barriers, help create more suppliers of medical goods, and make regulations more similar between countries. The President must tell Congress 60 days before starting negotiations, and Congress can stop these agreements from taking effect by passing a disapproval resolution during a review period.
Introduced
March 18, 2025
Policy Area
Foreign Trade and International Finance
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