American Economic Diplomacy Act

Bill: 118-s-958
Sponsor: full_name: Sen. Lankford, James [R-OK]
Introduced: 2023-03-23
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2023-03-23
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2023-03-23
action_desc: Introduced in Senate
text: <p><b>American Economic Diplomacy Act</b></p> <p>This bill requires the President to include additional information in the annual report to Congress on the trade agreements program and the national trade policy agenda. Specifically, the report must include a statement of how U.S. trade policy supports and advances the objectives of the President's National Security Strategy and the Department of Defense's National Defense Strategy.</p>

tv_txt: II 118th CONGRESS 1st Session S. 958 IN THE SENATE OF THE UNITED STATES March 23, 2023 Mr. Lankford (for himself and Mr. Menendez ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Trade Act of 1974 to modify the requirements for the annual report on the trade agreements program and the national trade policy agenda to include an assessment of impacts on the national defense strategy and the national security strategy of the United States, and for other purposes.

1. Short title This Act may be cited as the American Economic Diplomacy Act . 2. Modification to annual report on trade agreements program and national trade policy agenda Section 163(a)(3)(A) of the Trade Act of 1974 ( 19 U.S.C. 2213(a)(3)(A) ) is amended— (1) by redesignating clause (iv) as clause (v); (2) in clause (iii), by striking and at the end; and (3) by inserting after clause (iii) the following: (iv) how such objectives and priorities support and advance the objectives of— (I) the national defense strategy under 113(g) of title 10, United States Code; and (II) the national security strategy of the United States under section 108 of the National Security Act of 1947 ( 50 U.S.C. 3043 ); and .