Authority to enter into agreements with trade deficit economies

(a) In general The Trade Representative may enter into negotiations with a trade deficit economy for the purpose of entering into a bilateral trade agreement to achieve a reduction of the bilateral deficit in trade in goods between the United States and the trade deficit economy. (b) Agreement terms An agreement entered into under subsection (a) with a trade deficit economy shall include provisions with the objective of substantially reducing the bilateral deficit in trade in goods between the United States and the trade deficit economy, including commitments by the trade deficit economy— (1) to correct, modify, or eliminate acts, policies, and practices that contribute to the deficit; (2) to purchase United States goods; or (3) to restrain or reduce exports to the United States.