A bill authorizing the negotiation of agreements to eliminate unfair, restrictive, or discriminatory foreign practices in the marine transportation of automobile imports to the United States.

Directs the President to negotiate trade agreements with each country from which 50,000 or more automobiles are imported into the United States each year that will: (1) eliminate unfair, restrictive, or discriminatory practices in the marine transportation of such imports; and (2) establish procedures whereby a fair and reasonable portion of all such imports are transported to the United States by U.S. owned and operated vessels.

Requires the President to report to the Congress semiannually on such negotiations.