United States Reciprocal Trade Act This bill expands presidential trade authorities. The bill allows the President, in certain circumstances, to (1) negotiate with a foreign country for tariff reductions on exported U.S. goods, or (2) impose additional duties on imported goods. Specifically, the President may take these actions if it is determined that the country (1) when importing a good from the United States, applies a higher rate of duty on that good than the rate imposed by the United States when the good is imported from that country; or (2) similarly imposes other, nontariff trade restrictions on that good. This authority shall be effective for three years, subject to a three-year renewal. The President must terminate a rate of duty increase under this bill if the country no longer applies such higher rates or nontariff trade restrictions, or if the higher rate is no longer in the interest of the United States. The bill also requires the President to consult with and notify Congress regarding the intention of the President to increase a rate of duty on imported goods. Congress may nullify a rate of duty increase implemented under this bill through a joint resolution of disapproval.
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill introduced
Lobbying filed by SAMSUNG SDI AMERICA, INC.
Lobbying filed by SAMSUNG SDI AMERICA, INC.
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
| Registrant | Client | Amount | Filed | Period | Issues |
|---|---|---|---|---|---|
| SAMSUNG SDI AMERICA, INC. | SAMSUNG SDI AMERICA, INC. | $270.0K | Jul 21, 2025 | 2025Q2 | ENGAUTTRD |
| SAMSUNG SDI AMERICA, INC. | SAMSUNG SDI AMERICA, INC. | $140.0K | Apr 21, 2025 | 2025Q1 | BUDENGAUT |
The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.