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UNITED Act
3/26/2025, 8:06 AM
Summary of Bill HR 1743
If passed, this legislation would allow the President to engage in negotiations with the UK to establish a trade agreement that would govern the exchange of goods and services between the two nations. This agreement could potentially lead to increased trade opportunities, economic growth, and job creation for both countries.
The bill does not specify the details of the trade agreement, as those would be determined through the negotiation process. However, it does outline the general framework and objectives that the agreement should aim to achieve, such as promoting fair and reciprocal trade, reducing barriers to trade, and enhancing economic cooperation between the US and the UK. Overall, Bill 119 HR 1743 seeks to strengthen the economic relationship between the United States and the United Kingdom through the negotiation of a comprehensive trade agreement. If successful, this agreement could have significant implications for both countries' economies and trade relations.
Congressional Summary of HR 1743
Undertaking Negotiations on Investment and Trade for Economic Dynamism Act or the UNITED Act
This bill grants certain authorities to the President for entering into a comprehensive trade agreement between the United States and the United Kingdom (UK).
Specifically, the bill directs the President to seek to initiate negotiations with the UK regarding tariff and nontariff barriers affecting any industry, product, or service sector.
The bill authorizes the President to enter into a comprehensive trade agreement with the UK, with such authority expiring on March 1, 2029. Further, the President may proclaim a modification or continuance of any existing duty or a continuance of existing excise or duty-free treatment to carry out an agreement, with certain limitations.
The bill also requires the President to consult with and notify Congress regarding the intention of the President to enter into an agreement or make a proclamation.
Read the Full Bill
Current Status of Bill HR 1743
Bipartisan Support of Bill HR 1743
Total Number of Sponsors
5Democrat Sponsors
0Republican Sponsors
5Unaffiliated Sponsors
0Total Number of Cosponsors
17Democrat Cosponsors
3Republican Cosponsors
14Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1743
Primary Policy Focus
Alternate Title(s) of Bill HR 1743
Comments

Kole Gray
11 months ago
Hey y'all, just heard about this new bill, and let me tell you, I am not a fan of it at all. This thing is gonna mess with my retirement benefits and I am not happy about it. Can someone explain to me what the long term affects of this bill will be? #confused





