The Trade Deficit Elimination Act of 2026 aims to impose additional duties on goods imported into the United States to eliminate the deficit in trade.

The Trade Deficit Elimination Act of 2026 seeks to address persistent bilateral deficits in trade in goods by imposing additional duties on imported goods. The United States Trade Representative is tasked with determining and designating trade deficit economies, and may impose, increase, decrease, suspend, or modify duties on articles imported from these economies. Exemptions can be made if additional duties would disrupt the availability of critical goods or essential raw materials. The Trade Representative may also enter into bilateral trade agreements to reduce the deficit.

The Trade Deficit Elimination Act of 2026 aims to impose additional duties on goods imported into the United States to eliminate the deficit in trade.

The Trade Deficit Elimination Act of 2026 seeks to address persistent bilateral deficits in trade in goods by imposing additional duties on imported goods. The United States Trade Representative is tasked with determining and designating trade deficit economies, and may impose, increase, decrease, suspend, or modify duties on articles imported from these economies. Exemptions can be made if additional duties would disrupt the availability of critical goods or essential raw materials. The Trade Representative may also enter into bilateral trade agreements to reduce the deficit.