A bill requiring the President to take retaliatory action against foreign barriers and restrictions that unfairly limit United States trade.

Requires the President to take actions to obtain the elimination of a foreign nation's tariff or nontariff trade barrier if the President decides or if the Congress declares that such nation is applying such a trade barrier that is unduly burdening and restricting U.S. foreign trade. Sets forth retaliatory actions to be taken by the President.