S. 4049
119th Congress
Reclaim Trade Powers Act
15
Cosponsors
2
Actions
0
Amendments
0
Committees
—
Since introduced
Read twice and referred to the Committee on Finance.
11 mars 2026·4 months ago
Summary
Introduced in Senate · Updated 24 mars 2026
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.
Timeline
2 actions
Read twice and referred to the Committee on Finance.
11 mars 2026 · IntroReferral
Introduced in Senate
11 mars 2026 · IntroReferral
Sponsorship
15 cosponsors
Sponsor
Democrat:Sen. Kaine, Tim [D-VA]VACosponsors
- Democrat1493%
- Independent17%
- Democrat:Sen. Shaheen, Jeanne [D-NH]NH
- Democrat:Sen. Schiff, Adam B. [D-CA]CA
- Democrat:Sen. Durbin, Richard J. [D-IL]IL
- Independent:Sen. King, Angus S., Jr. [I-ME]ME
- Democrat:Sen. Coons, Christopher A. [D-DE]DE
- Democrat:Sen. Warnock, Raphael G. [D-GA]GA
- Democrat:Sen. Heinrich, Martin [D-NM]NM
- Democrat:Sen. Van Hollen, Chris [D-MD]MD
- Democrat:Sen. Warner, Mark R. [D-VA]VA
- Democrat:Sen. Klobuchar, Amy [D-MN]MN
- Democrat:Sen. Rosen, Jacky [D-NV]NV
- Democrat:Sen. Wyden, Ron [D-OR]OR
- Democrat:Sen. Alsobrooks, Angela D. [D-MD]MD
- Democrat:Sen. Murray, Patty [D-WA]WA
- Democrat:Sen. Welch, Peter [D-VT]VT
Classification
Policy area
Foreign Trade and International FinanceCosponsor momentum
Cumulative over time
Cosponsors grew from 12 on 11 mars 2026 to 15 on 17 mars 2026.
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