# 119-hr-6991: Fair Trade Act of 2026

119-hr-6991, Fair Trade Act of 2026, is a 119th Congress bill sponsored by Rep. Van Duyne, Beth [R-TX-24] (R-TX); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-6991
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-6991
- Congress: 119
- Title: Fair Trade Act of 2026
- Status: introduced
- Introduced: 2026-01-08
- Sponsor: Rep. Van Duyne, Beth [R-TX-24] (R-TX)
- Cosponsors: 0
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**This bill would impose additional duties tied to bilateral trade balances.** It would add ad valorem duties on imports beginning in calendar year 2026: 10 percent for goods from countries with which the United States has a trade surplus and 15 percent for goods from countries with which the United States has a trade deficit. - Importers and U.S. businesses: Would pay these extra ad valorem duties on affected imports, applied in addition to any other duties. - Trading partners and exporters: Goods are assigned the 10 percent or 15 percent rate based on whether the U.S. runs a bilateral surplus or deficit with that country. - President and congressional committees: The President could reduce the duty percentages to an amount greater than zero for national interest or security but must consult the House Ways and Means Committee and the Senate Finance Committee before doing so.

## Provisions PRIA read

- Higher tariffs on imported goods: cost, high. If enacted, the bill would add extra tariffs on goods imported into the United States each calendar year after enactment. It would add a 10% ad valorem duty on goods from countries where the United States has a trade surplus and a 15% ad valorem duty on goods from countries where the United States…

## Related bills

- 119-hr-137: TCJA Permanency Act
- 119-hr-2570: Maximum Pressure Act
- 119-hr-1163: Prove It Act
- 119-hr-548: HSA Modernization Act
- 119-hr-8883: Protecting Seniors and Stopping Fraudsters Act
- 119-hr-8596: FAIR Labels Act of 2026

## Sources
- [119-hr-6991 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/6991)

## Related
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-1163: Prove It Act](https://policyrisk.com/legislation/119-hr-1163)
- [119-hr-548: HSA Modernization Act](https://policyrisk.com/legislation/119-hr-548)
- [119-hr-8883: Protecting Seniors and Stopping Fraudsters Act](https://policyrisk.com/legislation/119-hr-8883)
- [119-hr-8596: FAIR Labels Act of 2026](https://policyrisk.com/legislation/119-hr-8596)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-6991 (as of 2026-04-21).