Fair Trade Act of 2026

This bill would add new import taxes (duties) on goods brought into the United States. Goods from countries the U.S. has a trade surplus with would face an added 10 percent duty based on their value. Goods from countries the U.S. has a trade deficit with would face an added 15 percent duty. These duties would be on top of any existing duties, and the President could lower them for any good, but not to zero, after consulting with the House Ways and Means and Senate Finance committees.

Full text and official record on Congress.gov

Sponsors

• Beth Van Duyne Republican sponsor
• 0 cosponsors