The bill trades faster executive flexibility to impose emergency tariffs or quotas for greater predictability for businesses and stronger congressional control over trade measures.
Small business owners and taxpayers: Imports cannot face sudden new tariffs or quota restrictions during a declared IEEPA emergency, giving businesses and consumers greater predictability and reducing the risk of price spikes or supply‑chain interruptions.
Taxpayers: The bill limits unilateral executive imposition of tariffs or quotas under IEEPA, preserving Congress's role and legislative oversight over trade policy.
Federal government officials and national-security policymakers: The bill reduces a rapid-response economic tool the President and agencies can use in fast-moving national security or foreign-policy crises, potentially limiting U.S. leverage and timeliness of responses.
Taxpayers and small businesses: The bill could constrain the U.S. ability to impose targeted import restrictions quickly to punish or deter foreign actors, forcing slower congressional action and potentially blunting policy effectiveness.
Federal employees and financial institutions: Agencies that previously relied on IEEPA for tariff- or quota-related actions may face legal uncertainty and need to revise policies and procedures, creating administrative burden and transition costs.
Based on analysis of 2 sections of legislative text.
Bars the President from using IEEPA to impose import duties, tariff-rate quotas, or other import quotas.
Official title: To exclude the imposition of duties and import quotas from the authorities provided to the President under the International Emergency Economic Powers Act.
Introduced January 15, 2025 by Suzan K. Delbene · Last progress January 15, 2025
Prohibits the President from using authorities under the International Emergency Economic Powers Act (IEEPA) to impose duties, tariff-rate quotas, or other import quotas on goods entering the United States. It amends federal law to carve out import duties and quota authority from the President's emergency economic toolkit. The change narrows the scope of presidential emergency economic powers rather than creating new programs or spending. It affects how the executive branch may respond to emergencies with trade measures and could shift certain trade actions to Congress or existing statutory trade authorities.