Section 1 Short title
This Act may be cited as the “Reclaim Trade Powers Act”.
Reclaim Trade Powers Act
A BILL
To amend the Trade Act of 1974 to eliminate the authority to impose certain import surcharges to address balance of payments deficits, and for other purposes.
Sec. 2 Elimination of balance of payments authority
Section 122 of the Trade Act of 1974 (19 U.S.C. 2132) is repealed.