Modifying the Scope of Reciprocal Tariffs and Establishing Procedures for Implementing Trade and Security Agreements
Establishes administrative procedures for implementing and modifying reciprocal tariffs.
Section by Section
What each section does, and how they differ.
Describes the presidential authority and interagency process for negotiating framework agreements with trading partners and determining reciprocal tariff rates.
Updates the global scope of reciprocal tariffs effective three days after the order, incorporating an annex listing products eligible for zero percent tariff rates.
Establishes procedures for implementing framework agreements with trading partners, including conditions triggering U.S. actions and tariff rate adjustments.
Directs that final framework agreements submitted to Congress must include summaries of U.S. and partner commitments and cover specified timeframes.
Requires Commerce and USTR to monitor trading partner compliance and submit quarterly updates on negotiations, implementation progress, and emerging needs.
Delegates implementation authority to Commerce and USTR to adopt regulations and guidance and employ all powers granted to the President.
Standard boilerplate: preserves existing agency authority, conditions the order on appropriations, and creates no enforceable private rights.