Sponsors (76)
The bill increases predictability for businesses and consumers by blocking sudden tariff or quota actions under IEEPA, but it reduces the executive branch's flexibility to respond quickly with economic measures in national-security or foreign-policy emergencies and imposes adjustment costs on agencies.
Small businesses and consumers (taxpayers) will face fewer sudden new tariffs or quota restrictions during declared IEEPA emergencies, increasing price and supply-chain predictability and lowering the risk of rapid price spikes.
Taxpayers will see Congress's role over tariff and quota policy preserved, limiting unilateral executive trade barriers and reinforcing legislative control over trade restrictions.
Federal policymakers — and indirectly taxpayers and small businesses — will have reduced ability to impose rapid, targeted import restrictions in fast-moving national-security or foreign-policy crises, slowing U.S. economic leverage and response times.
Agencies and some private institutions will face legal and procedural uncertainty and must revise policies because they can no longer rely on IEEPA to support tariff- or quota-related actions.
Based on analysis of 2 sections of legislative text.
Prohibits the President from using IEEPA to impose duties, tariff-rate quotas, or other import quotas on goods entering the United States.
Prevents 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. The bill narrows presidential emergency economic powers by carving out import duties and quota tools from IEEPA authority. The change is a targeted statutory amendment that removes one specific category of action from the President’s IEEPA toolkit; it does not create new spending, programs, or administrative bodies, and it leaves other IEEPA authorities intact.
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