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UNITED Act

3/21/2025, 4:08 AM

Summary of Bill S 776

Bill 119 s 776, also known as the "Comprehensive Trade Agreement with the United Kingdom Act," aims to grant the President of the United States the authority to negotiate and enter into a comprehensive trade agreement with the United Kingdom. The bill also includes provisions for other purposes related to trade between the two countries.

If passed, this legislation would allow the President to engage in negotiations with the UK government 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 between the two governments. However, it does outline the general authority granted to the President to conduct these negotiations on behalf of the United States. Overall, Bill 119 s 776 seeks to strengthen the economic relationship between the United States and the United Kingdom through the establishment of a comprehensive trade agreement. Supporters of the bill argue that such an agreement would benefit both countries by promoting trade and economic cooperation. Critics may raise concerns about the potential impact on domestic industries and jobs, as well as the terms of the agreement itself.

Congressional Summary of S 776

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.

Current Status of Bill S 776

Bill S 776 is currently in the status of Bill Introduced since February 27, 2025. Bill S 776 was introduced during Congress 119 and was introduced to the Senate on February 27, 2025.  Bill S 776's most recent activity was Read twice and referred to the Committee on Finance. as of February 27, 2025

Bipartisan Support of Bill S 776

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 776

Primary Policy Focus

Alternate Title(s) of Bill S 776

A bill to provide the President with authority to enter into a comprehensive trade agreement with the United Kingdom, and for other purposes.
A bill to provide the President with authority to enter into a comprehensive trade agreement with the United Kingdom, and for other purposes.

Comments

Angie Kemp profile image

Angie Kemp

674

1 year ago

I don't care about this bill, it won't affect me anyways. Short term, it's whatever.