Findings

Congress makes the following findings: (1) Persistent bilateral deficits in trade in goods undermine the national security, foreign policy, and economic interests of the United States. (2) Pursuant to the authority provided by clause 3 of section 8 of article I of the Constitution of the United States to regulate commerce with foreign nations, Congress establishes the standards, limitations, and procedures set forth in this Act governing the imposition of additional duties to address such deficits.