A bill to strengthen provisions of the law that provide safeguards when imports threaten to impair the national security.
National Security and Trade Act of 1985 - Amends the Trade Expansion Act of 1962 to require the President to implement the recommendations contained in a certain report by the Secretary of Commerce with respect to imports that threaten national security if the President has made no determination and taken no action on such report within 90 days of receiving it.
Requires the President to issue a proclamation on the date of enactment of this Act that implements the recommendations of the Secretary in such report if: (1) the President did not by September 26, 1985, make a specified determination with respect to such a report that was received before March 15, 1984; (2) the President did not take any action on such report before September 20, 1985; and (3) the President has not, before the enactment of this Act, negotiated an agreement restraining imports of the articles that are the subjects of such report with any country whose exports to the United States during the year preceding enactment of this Act exceeded 30 percent of the total value of such articles imported by all countries into the United States during such year.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department, Commerce Department.
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