To require that, in cases in which the annual trade deficit between the United States and another country is $10,000,000,000 or more for 3 consecutive years, the President take the necessary steps to create a more balanced trading relationship with that country.
Balancing Trade Act of 2017 This bill requires the President, if in three consecutive calendar years the United States has a trade deficit with another country of $10 billion or more, to take the necessary steps to create a trading relationship that would eliminate or substantially reduce that trade deficit by entering into an agreement with that country.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E742)
Referred to the Subcommittee on Trade.
Sponsor introductory remarks on measure. (CR H5289)
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E742)
Referred to the Subcommittee on Trade.
Sponsor introductory remarks on measure. (CR H5289)
Foreign Trade and International Finance
Competitiveness, trade promotion, trade deficitsCongressional oversightTrade agreements and negotiations
To require that, in cases in which the annual trade deficit between the United States and another country is $10,000,000,000 or more for 3 consecutive years, the President take the necessary steps to create a more balanced trading relationship with that country.
USA115th CongressHR-2766| House
| Updated: 6/28/2017
Balancing Trade Act of 2017 This bill requires the President, if in three consecutive calendar years the United States has a trade deficit with another country of $10 billion or more, to take the necessary steps to create a trading relationship that would eliminate or substantially reduce that trade deficit by entering into an agreement with that country.