WASHINGTON – U.S. Senators Chris Coons (D-Del.) and Tim Kaine (D-Va.) yesterday introduced the Stopping Tariffs on Allies and Bolstering Legislative Exercise of (STABLE) Trade Policy Act, which would rein in chaos that President Trump could create by unilaterally imposing tariffs on trading partners like the ones expected to go into effect this weekend on Canada and Mexico.

The STABLE Trade Policy Act would institute a requirement of congressional approval before a president could impose new tariffs on U.S. allies and free trade agreement (FTA) partners. Currently, the president can impose tariffs on any nation using authorities that Congress created to combat national security risks and address international emergencies. The bill reclaims congressional authority over trade policy and limits the president’s ability to treat allies as enemies.

“Congress gave the president the authority to impose tariffs so that he could combat our enemies in the event of a national security crisis, not so that he could pursue grudges against our allies and neighbors. If the president is going abuse this power to bully and coerce our allies, Congress should take this authority back,” said Senator Coons. “If this weekend’s tariffs go into effect, they’ll do catastrophic damage to our relationships with our allies and raise costs for working families by hundreds of dollars a year. Congress needs to stop this from happening again.”

“Virginians want costs to go down, not up. But President Trump’s plans to impose broad-based tariffs would raise the price of everyday goods and hurt our economy,” said Senator Kaine. “It’s time for Congress to make it clear that no president should abuse existing tariff authorities designed to protect America’s national security from threats posed by our adversaries to slap tariffs on our allies and closest trading partners. I’m proud to introduce this legislation with Senator Coons to take that step to protect Americans’ pocketbooks from sharp price hikes and safeguard our relationships with our allies.”

The introduction of STABLE Trade Policy Act comes shortly before President Trump’s across-the-board tariffs on Canada and Mexico are expected to go into effect. On his first day in office, President Trump pledged 25% tariffs on Mexico and Canada to go into effect February 1. The two nations, both members of the U.S.M.C.A. trade agreement that President Trump negotiated, accounted for almost one-third of all U.S. goods imports last year. Additionally, President Trump has promised 10% tariffs on China. President Trump has already threatened and then rescinded tariffs on Colombia.

Specifically, the STABLE Trade Policy Act would:

    • Require the president to explain to Congress any proposal to impose tariffs on allies and FTA partners.
      • The president must explain why challenges with allies cannot be better addressed through diplomacy or other mechanisms.
      • The president must assess of how tariffs will impact the U.S. economy and U.S. foreign policy interests. 
    • Require congressional approval for new or additional tariffs on imports from allies and FTA partners.
      • The bill constrains tariff authorities created by Congress to combat national security risks and address international economic emergencies. 
      • The executive branch retains full authority to impose safeguard tariffs to combat unfair trade practices.

The full bill text is available here.