← All bills
S 4049In committeeTradesenate
Reclaim Trade Powers Act
Introduced Mar 11, 2026 by Sen. Tim Kaine
IntroducedCommitteeFloorCongressLaw
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
Latest action · Mar 11, 2026
Read twice and referred to the Committee on Finance.
What it does
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.
Summary by the Congressional Research Service.
Roll-call votes
No floor votes yet — it hasn't reached the floor of either chamber.