Trade Security Act of 2021
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 15, 2021)
Trade Security Act of 2021
This bill revises provisions related to the adjustment of U.S. imports due to a national security threat.
The bill allows Congress to block a presidential import adjustment through a joint resolution. This provision retroactively applies to adjustments made on or after July 1, 2018. However, it shall not apply to specified steel and aluminum import adjustments.
The Department of Defense (currently, the Department of Commerce) must
- investigate the national security threat of a U.S. import, and
- report to the President the results of that investigation.
Commerce must provide recommendations regarding such imports upon request by the President.
What just happenedMar 15, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateMar 15, 2021
- Mar 15, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 15, 2021IntroReferral10000
Introduced in Senate