,,ii  #aai? ,,congress  #b;d ,session   
,s4 #ecae  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,augu/ #f1 #bjbf,mr4   
,scott ( ,florida 7= himself1 ,mr4      
,cram]1 & ,mr4 ,%eehy7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to impose additional duties on goods   
import$ into ! ,unit$ ,/ates to elim9ate
 ! deficit 9 trade 9 goods4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,trade  
,deficit ,elim9ation ,act ( #bjbf4  #b4 
,f9d+s ,congress makes ! foll[+ f9d+s3  
7#a7 ,p]si/5t bilat]al deficits 9 trade 
9 goods und]m9e ! national security1    
=eign policy1 & economic int]e/s ( !    
,unit$ ,/ates4  7#b7 ,pursuant to !     
au?ority provid$ by clause #c ( section 
#h ( article ,i ( ! ,con/itution ( !    
,unit$ ,/ates to regulate comm]ce )     
=eign nations1 ,congress e/abli%es !    
/&>ds1 limitations1 & proc$ures set =? 9
 ?is ,act gov]n+ ! imposition (         
additional duties to address su*        
deficits4  #c4 ,def9itions ,9 ?is ,act3 

7#a7 ,trade deficit economy ,! t]m trade
 deficit economy means a trad+ p>tn]    
designat$ "u section #d7;a77#b74  7#b7  
,trade ,repres5tative ,! t]m ,trade     
,repres5tative means ! ,unit$ ,/ates    
,trade ,repres5tative4  7#c7 ,trad+     
p>tn] ,! t]m trad+ p>tn] means any      
c\ntry1 economy1 cu/oms t]ritory1 or    
cu/oms union )9 :i* sep>ate duty rates  
or sep>ate regulations ( =eign comm]ce  
are en=c$4  #d4 ,designation ( trade    
deficit economies  7a7 ,9 g5]al ,n lat] 
?an #cj days aft] ! date ( ! enactm5t ( 
?is ,act1 & on ,april #a ( ea* ye>      
!reaft]1 ! ,trade ,repres5tative %all-- 
7#a7 det]m9e :e!r ! ,unit$ ,/ates has a 
bilat]al deficit 9 trade 9 goods ) ea*  
trad+ p>tn] ( ! ,unit$ ,/ates2  7#b7    
designate ea* trad+ p>tn] ) :i* ! ,unit$
 ,/ates has su* a deficit z a trade     
deficit economy2 &  7#c7 publi% 9 !     
,f$]al ,regi/]-- 7,a7 a li/ ( trade     
deficit economies2 &  7,b7 = ea* trade  
deficit economy1 ! value ( ! bilat]al   
deficit 9 trade 9 goods1 r\nd$ to !     

ne>e/ million? doll>4  7b7 ,basis =     
det]m9ations ,! ,trade ,repres5tative   
%all make det]m9ations & designations   
requir$ by subsection 7a7 9 a ye>-- 7#a7
 on ! basis ( ! be/ available data on   
bilat]al trade 9 goods publi%$ by !     
,bureau ( ,economic ,analysis ( !       
,dep>tm5t ( ,comm]ce or ano!r           
appropriate ag5cy ( ! ,f$]al ,gov]nm5t2 
&  7#b7 us+ ! mo/ rec5t f9aliz$         
cal5d>-ye> data available z ( ,janu>y   
#ca ( t ye>4  #e4 ,imposition (         
additional duties on goods import$ into 
,unit$ ,/ates f trade deficit economies 
7a7 ,9 g5]al ,n lat] ?an #ae days aft]  
publi%+ ! li/ ( trade deficit economies 
requir$ by section #d7;a77#c71 ! ,trade 
,repres5tative1 subject to ! specific   
direction ( ! ,presid5t1 may impose1    
increase1 decrease1 susp5d1 or o!rwise  
modify duties or o!r import *>ges       
applicable to articles import$ into !   
,unit$ ,/ates f a trade deficit economy1
 9 su* am\nt & = su* p]iod z ! ,presid5t
 det]m9es necess>y to elim9ate !        

bilat]al deficit 9 trade 9 goods ) t    
economy4  7b7 ,exemptions ,! ,trade     
,repres5tative1 subject to ! specific   
direction ( ! ,presid5t1 if any1 may    
exempt f duties "u subsection 7a7-- 7#a7
 articles t1 if subject to additional   
duties1 c\ld-- 7,a7 lead to !           
unavailability ( ! supply ( raw mat]ials
 9 ! ,unit$ ,/ates2 or  7,b7 a mat]ial  
disruption to ! availability ( critical 
goods1 ess5tial raw mat]ials1 articles  
necess>y = national def5se1 or o!r      
articles designat$ by regulation z      
necess>y to protect ! national security 
or economic /ability ( ! ,unit$ ,/ates2 
or  7#b7 articles t _c-- 7,a7 be gr[n or
 produc$ 9 suffici5t quantities or at   
reasonable prices 9 ! ,unit$ ,/ates2 or 
7,b7 obta9$ f s\rces o!r ?an a trade    
deficit economy4  7c7 ,consultation )   
,congress ,be=e impos+ or modify+ a duty
 "u subsection 7a71 ! ,trade            
,repres5tative %all consult ) !         
,committee on ,ways & ,means ( ! ,h\se (
 ,repres5tatives & ! ,committee on      

,f9ance ( ! ,s5ate4  7d7 ,relation to   
exi/+ duties ,ea* duty impos$ or modifi$
 "u subsection 7a7 ) respect to an      
article %all be 9 addition to any o!r   
duty impos$ by law ) respect to !       
article4  #f4 ,au?ority to ent] into    
agreem5ts ) trade deficit economies  7a7
 ,9 g5]al ,! ,trade ,repres5tative may  
ent] into negotiations ) a trade deficit
 economy = ! purpose ( ent]+ into a     
bilat]al trade agreem5t to a*ieve a     
r$uction ( ! bilat]al deficit 9 trade 9 
goods betwe5 ! ,unit$ ,/ates & ! trade  
deficit economy4  7b7 ,agreem5t t]ms ,an
 agreem5t ent]$ into "u subsection 7a7 )
 a trade deficit economy %all include   
provisions ) ! objective ( sub/antially 
r$uc+ ! bilat]al deficit 9 trade 9 goods
 betwe5 ! ,unit$ ,/ates & ! trade       
deficit economy1 includ+ commitm5ts by !
 trade deficit economy-- 7#a7 to        
correct1 modify1 or elim9ate acts1      
policies1 & practices t contribute to ! 
deficit2  7#b7 to pur*ase ,unit$ ,/ates 
goods2 or  7#c7 to re/ra9 or r$uce      

exports to ! ,unit$ ,/ates4  #g4 ,limit$
 delegation ( au?ority ,no?+ 9 ?is ,act 
%all be con/ru$ to conf] ^u ! ,presid5t 
or ! ,trade ,repres5tative any au?ority 
o!r ?an ! au?ority expressly delegat$ by
 ,congress 9 ?is ,act4 ,! ,presid5t & ! 
,trade ,repres5tative %all ex]cise su*  
au?ority only 9 accordance ) ! /&>ds1   
proc$ures1 & limitations e/abli%$ by ?is
 ,act4