,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #aib  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #d1 #bjac ,ms4
 ,kaptur introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to require t1 9 cases 9   
:i* ! annual trade deficit betwe5 !     
,unit$ ,/ates & ano!r c\ntry is         
#aj1jjj1jjj1jjj or m = #c consecutive   
ye>s1 ! ,presid5t take ! necess>y /eps  
to create a m balanc$ trad+ relation%ip 
) t c\ntry4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,balanc+ ,trade ,act (  
#bjac4  #b4 ,action by ! ,presid5t 9    
cases ( l>ge consecutive annual trade   
deficits ) o!r c\ntries  7a7 ,action by 
! ,presid5t ,if 9 #c consecutive cal5d> 
ye>s ! ,unit$ ,/ates has a trade deficit
 ) ano!r c\ntry ( #aj1jjj1jjj1jjj or m1 
! ,presid5t %all take ! necess>y /eps to
 create a trad+ relation%ip ) ! c\ntry t
 w\ld elim9ate or sub/antially r$uce t  
trade deficit1 by ent]+ into an agreem5t
 ) t c\ntry or o!rwise4  7b7 ,def9ition 
,9 ?is section1 ! t]m trade deficit     

means1 ) respect to ! ,unit$ ,/ates &   
ano!r c\ntry1 t ! value ( goods &       
s]vices t are products ( t c\ntry & are 
import$ into ! ,unit$ ,/ates f t c\ntry 
exce$s ! value ( goods & s]vices t are  
products ( ! ,unit$ ,/ates & are export$
 f ! ,unit$ ,/ates to t c\ntry4  7c7    
,reports  7#a7 ,initial report ,n lat]  
?an #c mon?s aft] ! date ( ! enactm5t ( 
?is ,act1 ! ,presid5t %all submit to !  
,congress a report sett+ =?--  7,a7 !   
likely reasons = ! trade deficits ) ea* 
c\ntry to :i* subsection 7a7 applies1 z 
( ! date ( ! report2 &  7,b7 ! /eps !   
,presid5t int5ds to take "u subsection  
7a7 ) respect to ea* su* c\ntry4  7#b7  
,annual reports ,! ,presid5t %all submit
 to ! ,congress1 n lat] ?an ,decemb] #ca
 ( ea* ye>1 a report on actions tak5 to 
c>ry out ?is section4