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H.R. 6432 — Trade Deficit Reduction Act | PoliFocus

H.R. 6432114th Congress

Trade Deficit Reduction Act

To require the Secretary of Labor to monitor the trade deficits between the United States and other countries, and for other purposes.

Sponsors

Rep. Slaughter, Louise McIntosh [D-NY-25]

Subjects

Foreign Trade and International Finance

Summary

Trade Deficit Reduction Act

This bill requires the Department of Labor to annually identify each country for which the following apply:

the value of goods and services imported into the United States exceeds twice the value of goods and services exported from the United States to that country, or $100 billion; or
the value of goods and services imported into and exported from the United States exceeds $1 billion.

Labor shall convene a meeting of the Trade Policy Review Group to develop trade deficit reduction plans with such countries.

Full Text

Legislative Actions

2016-12-02
Introduced in House
2016-12-02
Introduced in House
2016-12-02
Referred to the House Committee on Ways and Means.

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