A bill to require the President to disclose income, assets, and liabilities associated with countries with which the United States is negotiating a trade or investment agreement, countries subject to Presidential determinations in trade enforcement actions, and countries eligible for trade preference programs, and for other purposes.
Presidential Trade Transparency Act of 2017 This bill requires the President to submit to Congress a report containing a full and complete statement of the President's income earned, assets held, and liabilities owed in the preceding 12 months that are associated with a foreign country: with which the United States is negotiating a trade or investment agreement, that is subject to a presidential trade enforcement action determination modifying the tariff treatment of imported articles from such country, or that is designated as eligible for preferential trade treatment under a trade preference program. If the President fails to report such information to Congress: any instrument providing for the modification of such tariff treatment shall have no force or effect, and the bill implementing such a trade or investment agreement shall not be eligible for trade authorities (fast track) procedures under the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.
AfricaAsiaBank accounts, deposits, capitalCaribbean areaCompetitiveness, trade promotion, trade deficitsCongressional-executive branch relationsCongressional oversightFinancial services and investmentsForeign and international bankingFree trade and trade barriersGovernment ethics and transparency, public corruptionLatin AmericaNepalPresidents and presidential powers, Vice PresidentsSecuritiesTariffsTrade agreements and negotiationsTrade restrictionsU.S. and foreign investmentsWar and emergency powers
A bill to require the President to disclose income, assets, and liabilities associated with countries with which the United States is negotiating a trade or investment agreement, countries subject to Presidential determinations in trade enforcement actions, and countries eligible for trade preference programs, and for other purposes.
USA115th CongressS-408| Senate
| Updated: 2/16/2017
Presidential Trade Transparency Act of 2017 This bill requires the President to submit to Congress a report containing a full and complete statement of the President's income earned, assets held, and liabilities owed in the preceding 12 months that are associated with a foreign country: with which the United States is negotiating a trade or investment agreement, that is subject to a presidential trade enforcement action determination modifying the tariff treatment of imported articles from such country, or that is designated as eligible for preferential trade treatment under a trade preference program. If the President fails to report such information to Congress: any instrument providing for the modification of such tariff treatment shall have no force or effect, and the bill implementing such a trade or investment agreement shall not be eligible for trade authorities (fast track) procedures under the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.
AfricaAsiaBank accounts, deposits, capitalCaribbean areaCompetitiveness, trade promotion, trade deficitsCongressional-executive branch relationsCongressional oversightFinancial services and investmentsForeign and international bankingFree trade and trade barriersGovernment ethics and transparency, public corruptionLatin AmericaNepalPresidents and presidential powers, Vice PresidentsSecuritiesTariffsTrade agreements and negotiationsTrade restrictionsU.S. and foreign investmentsWar and emergency powers