Sec. 4. Negotiating and trade agreements authority for comprehensive agreement with the United Kingdom

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Not later than 180 days after the date of the enactment of this Act, in order to enhance the economic well-being of the United States, the President shall seek to initiate negotiations with the United Kingdom regarding tariff and nontariff barriers affecting any industry, product, or service sector. To strengthen the economic competitiveness of the United States, the President may enter into a comprehensive trade agreement with the United Kingdom regarding tariff and nontariff barriers affecting trade between the United States and United Kingdom. The authority under paragraph

(1)terminates on March 1, 2029. Subject to paragraph (2), the President may proclaim such modification or continuance of any existing duty, continuance of existing duty-free or excise treatment, or such additional duties as the President determines to be required or appropriate to carry out an agreement entered into under subsection (b). Substantial modifications to, or substantial additional provisions of, an agreement entered into after March 1, 2029, are not covered by the authority under paragraph (1). No proclamation may be made under paragraph

(1)that— reduces any rate of duty (other than a rate of duty that does not exceed 5 percent ad valorem on the date of the enactment of this Act) to a rate of duty that is less than 50 percent of the rate of such duty that applies on such date of enactment; reduces the rate of duty below that applicable under the Uruguay Round Agreements (as defined in section 2(7) of the Uruguay Round Agreements Act ( 19 U.S.C. 3501 )) or a successor agreement, on any import sensitive agricultural product; or increases any rate of duty above the rate that applied on the date of the enactment of this Act. To ensure the alignment of the trade policy priorities of Congress with the content of any agreement under this section, the President shall consult with Congress before and throughout negotiations initiated under subsection

(a)and shall notify Congress of the intention of the President to enter into an agreement under subsection

(b)or to make a proclamation under subsection (c). The provisions of section 151 of the Trade Act of 1974 ( 19 U.S.C. 2191 ) apply to a bill of either House of Congress that contains provisions described in subparagraph

(B)to the same extent as such section 151 applies to implementing bills under that section. A bill to which this paragraph applies shall hereafter in this section be referred to as an implementing bill . The provisions described in this subparagraph are— a provision approving a trade agreement entered into under this section and approving the statement of administrative action, if any, proposed to implement such trade agreement; and if changes in existing laws or new statutory authority are required to implement such trade agreement, only such provisions as are strictly necessary or appropriate to implement such trade agreement, either repealing or amending existing laws or providing new statutory authority. The procedures under paragraph

(1)apply to implementing bills submitted with respect to a trade agreement entered into under this section before March 1, 2029. An agreement entered into under this section shall not be waived, suspended, or terminated, in whole or in part, with respect to the United States without the express approval by Congress of such termination. An agreement under this section shall not enter into force with respect to the United States and an implementing bill shall not qualify for trade authorities procedures under subsection (e), including an agreement that does not require changes to United States law or an implementing bill in connection therewith, unless the following requirements under the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 ( 19 U.S.C. 4201 et seq. ) are carried out with respect to that agreement or implementing bill to the same extent as would be required of an agreement entered into under section 103(b) of that Act ( 19 U.S.C. 4202(b) ), notwithstanding the expiration of authority to enter into an agreement under such section 103(b): The trade negotiating objectives under section 102 of that Act ( 19 U.S.C. 4201 ). The congressional oversight and consultation requirements under section 104 of that Act ( 19 U.S.C. 4203 ). The notification, consultation, and reporting requirements under section 105 of that Act ( 19 U.S.C. 4204 ). The implementation procedures under section 106 of that Act ( 19 U.S.C. 4205 ). The provisions related to sovereignty under section 108 of that Act ( 19 U.S.C. 4207 ).

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Sec. 4

Negotiating and trade agreements authority for comprehensive agreement with the United Kingdom

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