S 4049 · 119th CongressIn Committeecongress.gov ↗
Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill would get rid of a law that currently allows the President to put tariffs of up to 15% on imported goods for up to 150 days when the country is facing serious problems with its trade balance or international payments. By repealing this law, the bill would take away this specific tariff power from the President.
Introduced
March 11, 2026
Policy Area
Foreign Trade and International Finance
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