Sponsors (4)
The bill keeps costs down for U.S. importers, small businesses, and consumers who buy Israeli or Ukrainian goods but does so by reducing the administration's tariff leverage over those partners and risking modest revenue shifts or losses.
Importers and U.S. businesses (including small businesses) that rely on goods from Israel and Ukraine will not face the new reciprocal-tariff duties, reducing their input costs and easing price pressures for suppliers.
U.S. consumers and taxpayers are likely to see more stable supplies and somewhat lower or more stable retail prices for products sourced from Israel and Ukraine because import costs will not increase from new duties.
U.S. policymakers will have less leverage over Israel and Ukraine because exempting them from reciprocal tariffs reduces the pressure those measures were intended to create to change targeted trade practices.
Removing duties on imports from Israel and Ukraine could shift tariff burdens onto other trading partners or lower federal tariff revenue, potentially increasing costs elsewhere or reducing government receipts.
Based on analysis of 2 sections of legislative text.
Exempts imports from Israel and Ukraine from reciprocal-tariff duties imposed by a specified Executive Order.
Exempts articles imported from Israel and Ukraine from the reciprocal-tariff duties imposed by a recent Executive Order that authorizes reciprocal tariffs to address large U.S. goods trade deficits. The bill only creates that targeted exemption and contains no other policy changes, deadlines, or amendments to other statutes.
Official title: To exempt articles imported from Israel or Ukraine from duties imposed under the Executive Order entitled "Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits".
Introduced June 4, 2025 by Jared Moskowitz · Last progress June 4, 2025