A bill to authorize the extension of nondiscriminatory treatment (normal trade relations treatment) to products of certain countries.

President could restore normal trade

If enacted, the President would be allowed to decide that Title IV no longer applies to most countries. This would not apply to Belarus, Cuba, or North Korea. The President could then proclaim nondiscriminatory (normal trade) treatment for a covered country's products. On the proclamation's effective date, Title IV would stop applying to that country. If that happens, U.S. importers and businesses could face lower trade barriers and consumers could see lower prices. Some U.S. producers could face more competition and lose sales.