1. Short title This Act may be cited as the United States Reciprocal Trade Act . 2. Findings Congress finds the following: (1) The United States maintains an open market for goods, with relatively low tariffs, and has long encouraged trading partners, both bilaterally and in multilateral fora, to liberalize their markets. (2) The United States is the world’s largest importer of goods. (3) Trading partners of the United States in many instances impose significantly higher tariffs on United States goods than the United States imposes on the same or similar goods imported from those same countries. (4) United States trading partners in many instances impose significant nontariff barriers that greatly undermine the value of negotiated tariff concessions. (5) The lack of reciprocity in tariff levels and disproportionate use of nontariff barriers by United States trading partners facilitates foreign imports, discourages United States exports, and puts United States producers, farmers, and workers at a competitive disadvantage. (6) The lack of reciprocity in tariff levels and nontariff barriers contributes to the large and growing United States trade deficit in goods, which is a drag on economic growth and undermines economic prosperity. (7) To date a number of United States trading partners have been unwilling, including in multilateral negotiations, to reduce tariffs and eliminate nontariff barriers applied to United States exports. (8) The United States should seek action by United States trading partners to lower tariffs and eliminate nontariff barriers, to promote efficiency in those markets and enhance opportunities for United States producers, farmers, and workers. (9) The President should have a wide array of tools to open the markets of United States trading partners and encourage participation in negotiations to liberalize trade in goods on a fair and reciprocal basis, including the authority to adjust tariff rates to reciprocal levels. 3. Authority to take certain actions relating to reciprocal trade (a) In