Bill > S1272

This bill, known as the Trade Review Act of 2025, establishes a new congressional review process for duties (tariffs) imposed by the President on imported goods. Under the bill, the President must notify Congress within 48 hours of imposing or increasing a duty, providing an explanation for the duty and an assessment of its potential impact on U.S. businesses and consumers. Any new duty would automatically expire after 60 days unless Congress passes a joint resolution approving it. Members of Congress can introduce a joint resolution of approval during the 60-day period or a joint resolution of disapproval at any time after the duty is imposed. If Congress passes a joint resolution of disapproval, the duty would immediately cease to be in effect. The bill specifically excludes antidumping and countervailing duties from this review process. The legislation is designed to give Congress more oversight and control over trade policies by requiring transparency and providing a mechanism to challenge presidential decisions on tariffs, thereby potentially limiting the executive branch's unilateral power to impose trade barriers.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1272/all-info