Reclaim Trade Powers Act (S. 4049)
Referred to CommitteeLatest Action
Read twice and referred to the Committee on Finance.
3/11/2026 • Senate
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.
Introduced in Senate • 3/11/2026
Topics & Subjects
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (16)
Party Breakdown
Sponsor
Cosponsors (15)
Bill Journey
Originated in the Senate
Introduced
March 11, 2026
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (1)
Details
Sources and method
· Congress.gov, CRS, USAspending, FEC, LDA · Record updated Oct 20, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Oct 20, 2026 · Loaded Oct 20, 2026, 3:21 PM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in Senate” version, Mar 11, 2026 · Loaded Oct 20, 2026, 3:21 PM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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