Sponsor · U.S. Senator for Virginia · Democratic
Senate bill · S. 4049 (119th Congress)
Reclaim Trade Powers Act
Summary
Reclaim Trade Powers Act 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.
Your position on this bill
Not chosen yet
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
Cosponsors
Full history
- Mar 11, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Mar 11, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Mar 11, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Mar 11, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
About this record
- Summary
The summary is written by the Congressional Research Service. For more, see How we handle summaries.
- Cosponsors
The cosponsors are the ones listed on Congress.gov, shown A to Z.
- Party colors
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- Source
From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
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