S. 348 seeks to limit the President's ability to impose new or additional tariffs on goods imported from countries that are allies or have free trade agreements with the United States. The bill defines a "covered country" as a NATO member, a major non-NATO ally, or a country...
Simple Explanation
The bill is like a rule that tries to stop the President from adding extra taxes on things we buy from our friends in other countries unless Congress agrees. It helps make sure that any new taxes are fair and don't hurt people too much without checking with others first.