Plain Language Summary
# UNITED Act Summary **What the Bill Does:** The UNITED Act would authorize the President to negotiate and finalize a comprehensive trade agreement with the United Kingdom. It grants the President power to modify tariffs and trade barriers affecting various industries and products, and allows changes to existing taxes on imports or exports. The President's authority to negotiate would expire on March 1, 2029. The bill requires the President to keep Congress informed about any negotiations or changes before proceeding. **Who It Affects:** This legislation would impact American businesses, workers, and consumers by potentially changing trade rules between the US and UK.
Different industries—from agriculture to manufacturing to services—could experience changes in tariff rates, which affect prices and competition. The bill also involves Congress in the oversight process, requiring the executive branch to consult with lawmakers. **Current Status:** The bill is currently in committee (HR 1743), meaning it hasn't yet been debated or voted on by the full House. It was introduced by Representative Adrian Smith (R-NE) in the 119th Congress.
CRS Official Summary
Undertaking Negotiations on Investment and Trade for Economic Dynamism Act or the UNITED ActThis bill grants certain authorities to the President for entering into a comprehensive trade agreement between the United States and the United Kingdom (UK).Specifically, the bill directs the President to seek to initiate negotiations with the UK regarding tariff and nontariff barriers affecting any industry, product, or service sector.The bill authorizes the President to enter into a comprehensive trade agreement with the UK, with such authority expiring on March 1, 2029. Further, the President may proclaim a modification or continuance of any existing duty or a continuance of existing excise or duty-free treatment to carry out an agreement, with certain limitations.The bill also requires the President to consult with and notify Congress regarding the intention of the President to enter into an agreement or make a proclamation.
Latest Action
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.