UNITED Act

Economic and Standard of Living Improvements: The bill aims to strengthen the U.S. economy, improve the standard of living for its people, and advance strategic interests through more open trade and investment relationships (Section 2, Sense of Congress).

Support for Various Economic Groups: Reducing trade and investment barriers is intended to foster economic relationships that benefit workers, farmers, ranchers, and businesses of all sizes (Section 2, Sense of Congress).

Increased Business Opportunities: A comprehensive agreement could increase the resilience of critical supply chains, support collaboration in emerging technologies, and create export opportunities for businesses of all sizes (Section 2, Sense of Congress).

Protection Against Regulatory Arbitrage: The bill notes that the United Kingdom's labor and environmental protections help reduce the risk of regulatory arbitrage that could undercut U.S. workers and businesses (Section 2, Sense of Congress).

Market Access: Seeking a trade agreement is intended to advance U.S. access to foreign markets so that businesses, consumers, farmers, ranchers, and workers are not left behind (Section 2, Sense of Congress).

Duty Modification Limitations: The President has the authority to modify or continue duties, which could impact specific goods; however, the bill prevents the President from reducing certain duty rates below 50 percent of their current rate if the original duty was not above 5 percent, or reducing duties on import-sensitive agricultural products below specific levels (Section 3(c)(2)).

Trade Agreement Restrictions: Any agreement entered into under this authority cannot be waived, suspended, or terminated in whole or in part regarding the United States without express approval from Congress (Section 3(f)).