Sponsors (4)
The bill keeps prices and supply steadier for U.S. businesses and consumers by exempting Israeli and Ukrainian imports from reciprocal tariffs, but does so at the cost of reduced leverage over foreign trade practices and some potential loss of tariff revenue.
Importers and U.S. businesses that rely on Israeli and Ukrainian goods will avoid new reciprocal-tariff duties, lowering input costs for suppliers and small businesses and helping keep retail and wholesale prices down.
U.S. consumers may face lower prices or more stable product availability for goods sourced from Israel and Ukraine because import costs will not rise due to the reciprocal tariffs.
Exempting Israel and Ukraine narrows the scope of the reciprocal-tariff policy, reducing U.S. leverage and pressure on those trading partners to change the trade practices the Executive Order targets.
Removing duties on these imports could lower federal tariff revenue or shift tariff burdens onto other trading partners, with potential fiscal impacts or cost shifts to other U.S. industries and consumers.
Based on analysis of 2 sections of legislative text.
Exempts imports from Israel and Ukraine from the reciprocal-tariff duties imposed by the specified Executive Order.
Exempts goods imported from Israel and Ukraine from the reciprocal-tariff duties imposed by the referenced Executive Order, so those imports would not face the new tariff penalties. The measure is narrowly focused: it only creates that exemption and does not change other laws, authorize spending, or set deadlines.
Introduced June 4, 2025 by Jared Moskowitz · Last progress June 4, 2025