To nullify the Presidential Proclamation relating to Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems, and for other purposes.
The bill returns collected surcharges to importers and prevents similar executive-funded surcharges going forward—benefiting businesses and consumers today at the cost of reduced Customs revenue, legal uncertainty, and a narrower rapid-tariff authority for the President.
Restoring Trade Fairness Act
The bill gives the government stronger, more flexible tools to restrict trade with covered nations (chiefly China) and to support domestic producers and enforcement, at the cost of higher prices and compliance burdens for U.S. consumers and businesses, greater risk of foreign retaliation, and added administrative and budgetary strain.
Trump Tariff Transparency Act
The bill improves transparency for businesses and consumers about the cost effects of recent tariffs, at the tradeoff of modest federal administrative costs and the risk that early estimates could be misread or misused.
CANADA Act
The bill lowers import costs for small importers (potentially benefiting consumers) by waiving certain 2025 national emergency duties, but does so at the cost of federal tariff revenue and with a risk of creating competitive distortions among businesses.
Tariff Transparency Act of 2025
The bill requires a detailed USITC report that improves transparency for policymakers and consumers and protects confidential business data, but it risks higher consumer prices, trade retaliation harms to exporters/farmers, and diverts agency resources.
Supporting American Allies Act
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.
Payback Act
The bill trades faster, targeted consumer relief from tariff-driven price increases and greater congressional oversight for higher federal administrative costs, legal complexity, and potential limits on executive flexibility in emergency trade responses.