Sponsors (14)
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Requires the President to notify Congress within 48 hours whenever a new tariff (duty) is imposed or an existing tariff is increased, explain the justification and likely effects, and gives Congress a short window to approve or disapprove the action. If Congress does not approve the tariff within the fast review period, the tariff automatically expires after 60 days. The rule excludes antidumping and countervailing duties and sets expedited procedures for congressional approval or disapproval.
Adds a new section titled '155 Review of imposition of duties' to Chapter 5 of title I of the Trade Act of 1974.
Not later than 48 hours after imposing or increasing a duty on an imported article, the President must submit a notification to Congress of the imposition or increase.
The notification must include an explanation of the reasoning for imposing or increasing the duty.
The notification must include an assessment of the potential impact of the imposition or increase on United States businesses and consumers.
Any duty imposed on an imported article remains in effect for no more than 60 days unless Congress enacts a joint resolution of approval into law.
Primary effects fall on federal decisionmaking, businesses that import goods or rely on imports, and American consumers. Businesses and importers may face greater uncertainty or delay in tariff-based interventions because the executive must notify Congress quickly and risk a 60-day expiration without approval; they may also benefit from faster congressional input preventing sudden, long-lasting tariff changes. Consumers could see fewer sustained, executive-imposed tariff increases without legislative backing, potentially moderating price shocks from tariffs. Trade negotiators and administration officials may alter how and when they use tariff authority (including timing and public explanation) to reduce the chance a measure lapses. The exclusion of antidumping and countervailing duties leaves existing administrative trade remedies intact. Overall, the provision shifts power toward faster congressional review and short-term oversight of tariff actions, which could slow or constrain rapid executive tariff responses but increase democratic accountability and transparency.
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)
Introduced April 3, 2025 by Maria E. Cantwell · Last progress April 3, 2025
Expand sections to see detailed analysis
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)
Introduced in Senate