S. 746 · 117th Congress · Senate

Trade Security Act of 2021

Active· Read twice and referred to the Committee on Finance.
Introduced
Mar 15, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

2
  1. MAR 15, 2021IntroReferral

    Introduced in Senate

  2. MAR 15, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Mar 15, 2021

Active