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Medical Supply Chain Resiliency Act
4/3/2025, 1:33 PM
Summary of Bill S 998
Bill 119 s 998, also known as the "Medical Goods Trade Agreement Act," is a proposed legislation that aims to give the President the authority to negotiate trade agreements with other countries to eliminate tariffs and other import restrictions on medical goods. The main goal of this bill is to enhance national security and public health in the United States by ensuring access to essential medical supplies.
The bill emphasizes the importance of having a reliable and efficient supply chain for medical goods, especially in times of crisis such as pandemics or natural disasters. By reducing barriers to trade, the United States can ensure a steady flow of medical supplies and equipment, ultimately benefiting the health and well-being of its citizens.
In addition to promoting the reciprocal elimination of duties on medical goods, the bill also includes provisions for monitoring and enforcing these trade agreements. This is to ensure that the United States is able to maintain a stable and secure supply of medical goods, even in the face of global challenges. Overall, Bill 119 s 998 seeks to strengthen the United States' ability to respond to public health emergencies and safeguard the nation's security by facilitating trade agreements that promote the free flow of essential medical supplies.
The bill emphasizes the importance of having a reliable and efficient supply chain for medical goods, especially in times of crisis such as pandemics or natural disasters. By reducing barriers to trade, the United States can ensure a steady flow of medical supplies and equipment, ultimately benefiting the health and well-being of its citizens.
In addition to promoting the reciprocal elimination of duties on medical goods, the bill also includes provisions for monitoring and enforcing these trade agreements. This is to ensure that the United States is able to maintain a stable and secure supply of medical goods, even in the face of global challenges. Overall, Bill 119 s 998 seeks to strengthen the United States' ability to respond to public health emergencies and safeguard the nation's security by facilitating trade agreements that promote the free flow of essential medical supplies.
Current Status of Bill S 998
Bill S 998 is currently in the status of Bill Introduced since March 12, 2025. Bill S 998 was introduced during Congress 119 and was introduced to the Senate on March 12, 2025. Bill S 998's most recent activity was Read twice and referred to the Committee on Finance. as of March 12, 2025
Bipartisan Support of Bill S 998
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
2Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 998
Primary Policy Focus
Alternate Title(s) of Bill S 998
A bill to authorize the President to enter into trade agreements for the reciprocal elimination of duties or other import restrictions with respect to medical goods to contribute to the national security and public health of the United States, and for other purposes.
A bill to authorize the President to enter into trade agreements for the reciprocal elimination of duties or other import restrictions with respect to medical goods to contribute to the national security and public health of the United States, and for other purposes.
Comments
Sponsors and Cosponsors of S 998
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