Legis Daily

Trade Security Act of 2021

USA117th CongressS-746| Senate 
| Updated: 3/15/2021
Rob Portman

Rob Portman

Republican Senator

Ohio

Cosponsors (5)
Joni Ernst (Republican)Dianne Feinstein (Democratic)Todd Young (Republican)Roger F. Wicker (Republican)Kyrsten Sinema (Independent)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

S 116-365
Trade Security Act of 2019
Mar 15, 2021
Introduced in Senate
Mar 15, 2021
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 116-365
    Trade Security Act of 2019


  • March 15, 2021
    Introduced in Senate


  • March 15, 2021
    Read twice and referred to the Committee on Finance.

Foreign Trade and International Finance

Congressional-executive branch relationsCongressional oversightEnergy storage, supplies, demandGovernment information and archivesGovernment studies and investigationsInfrastructure developmentMilitary procurement, research, weapons developmentMilitary readinessOil and gasPresidents and presidential powers, Vice PresidentsPublic participation and lobbyingTariffsTrade restrictions

Trade Security Act of 2021

USA117th CongressS-746| Senate 
| Updated: 3/15/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-365
Trade Security Act of 2019
Mar 15, 2021
Introduced in Senate
Mar 15, 2021
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 116-365
    Trade Security Act of 2019


  • March 15, 2021
    Introduced in Senate


  • March 15, 2021
    Read twice and referred to the Committee on Finance.
Rob Portman

Rob Portman

Republican Senator

Ohio

Cosponsors (5)
Joni Ernst (Republican)Dianne Feinstein (Democratic)Todd Young (Republican)Roger F. Wicker (Republican)Kyrsten Sinema (Independent)

Finance Committee

Foreign Trade and International Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional-executive branch relationsCongressional oversightEnergy storage, supplies, demandGovernment information and archivesGovernment studies and investigationsInfrastructure developmentMilitary procurement, research, weapons developmentMilitary readinessOil and gasPresidents and presidential powers, Vice PresidentsPublic participation and lobbyingTariffsTrade restrictions