Trade Review Act of 2025
- senate
- house
- president
Last progress April 3, 2025 (8 months ago)
Introduced on April 3, 2025 by Maria E. Cantwell
House Votes
Senate Votes
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174: 3)
Presidential Signature
AI Summary
This bill would require the President to tell Congress within 48 hours any time a new duty is placed on an imported good or an existing duty is increased, along with the reasons and the expected effects on U.S. businesses and consumers. Any such duty would automatically end after 60 days unless Congress passes a simple approval measure; if Congress passes a disapproval measure, the duty must end sooner. The bill also sets fast-track steps for Congress to consider these approval or disapproval measures. These rules do not apply to antidumping or countervailing duties under the Tariff Act of 1930.
Key points
- Who is affected: Importers, U.S. businesses, and consumers facing new or higher duties on imported goods.
- What changes: Quick notice to Congress; a 60-day limit unless Congress approves; Congress can also formally disapprove; fast-track procedures for votes; excludes antidumping and countervailing duties.
- When: Notice within 48 hours of imposing or raising a duty; the 60-day limit starts immediately and ends unless approved by Congress.