(1) The President shall submit to the Congress during each calendar year (but not later than March 1 of that year) a report on
(A) the operation of the trade agreements program, and the provision of import relief and adjustment assistance to workers and firms, under this chapter during the preceding calendar year; and
(B) the national trade policy agenda for the year in which the report is submitted.
(2) The report shall include, with respect to the matters referred to in paragraph (1)(A), information regarding
(A) new trade negotiations;
(B) changes made in duties and nontariff barriers and other distortions of trade of the United States;
(C) reciprocal concessions obtained;
(D) changes in trade agreements (including the incorporation therein of actions taken for import relief and compensation provided therefor);
(E) the extension or withdrawal of nondiscriminatory treatment by the United States with respect to the products of foreign countries;
(F) the extension, modification, withdrawal, suspension, or limitation of preferential treatment to exports of developing countries;
(G) the results of actions to obtain the removal of foreign trade restrictions (including discriminatory restrictions) against United States exports and the removal of foreign practices which discriminate against United States service industries (including transportation and tourism) and investment;
(H) the measures being taken to seek the removal of other significant foreign import restrictions;
(I) each of the referrals made under section
2171 (d)(1)(B) of this title and any action taken with respect to such referral;
(J) other information relating to the trade agreements program and to the agreements entered into thereunder; and
(K) the number of applications filed for adjustment assistance for workers and firms, the number of such applications which were approved, and the extent to which adjustment assistance has been provided under such approved applications.
(3)
(A) The national trade policy agenda required under paragraph (1)(B) for the year in which a report is submitted shall be in the form of a statement of
(i) the trade policy objectives and priorities of the United States for the year, and the reasons therefor;
(ii) the actions proposed, or anticipated, to be undertaken during the year to achieve such objectives and priorities, including, but not limited to, actions authorized under the trade laws and negotiations with foreign countries;
(iii) any proposed legislation necessary or appropriate to achieve any of such objectives or priorities; and
(iv) the progress that was made during the preceding year in achieving the trade policy objectives and priorities included in the statement provided for that year under this paragraph.
(B) The President may separately submit any information referred to in subparagraph (A) to the Congress in confidence if the President considers confidentiality appropriate.
(C) Before submitting the national trade policy agenda for any year, the President shall seek advice from the appropriate advisory committees established under section
2155 of this title and shall consult with the appropriate committees of the Congress.
(D) The United States Trade Representative (hereafter referred to in this section as the Trade Representative) and other appropriate officials of the United States Government shall consult periodically with the appropriate committees of the Congress regarding the annual objectives and priorities set forth in each national trade policy agenda with respect to
(i) the status and results of the actions that have been undertaken to achieve the objectives and priorities; and
(ii) any development which may require, or result in, changes to any of such objectives or priorities.