S 348 · 119th CongressIn Committeecongress.gov ↗

STABLE Trade Policy Act

What this bill does

AI plain-language summary

This bill says the President cannot add new tariffs or raise existing tariffs on goods imported from certain allied countries without getting approval from Congress first. The countries covered include NATO members, major non-NATO allies like Australia, Israel, and Japan, and countries that have free trade agreements with the United States. To propose new tariffs on these allies, the President would have to send Congress a formal request explaining the goal of the tariffs and how they might affect the U.S. economy, and then Congress would have to pass a resolution approving the action before it could take effect.

Introduced

January 30, 2025

Policy Area

Foreign Trade and International Finance

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