A bill to establish certain trade sanctions to foreign nations that are not signatory to the Nuclear Weapons Non-Proliferation Treaty by January 1, 1988.

Imposes the following trade sanctions on foreign nations that are not signatories to the Nuclear Weapons Non-Proliferation Treaty by January 1, 1988; (1) denial of most-favored-nation treatment to the products of such nations; (2) denial of treatment as a beneficiary developing country under the Generalized System of Preferences of the Trade Act of 1974 or as a beneficiary country under the Caribbean Basin Economic Recovery Act; (3) denial of any benefit flowing from a bilateral agreement establishing a free trade area; and (4) prohibition of any negotiations to establish a free trade area.