Bill > HR2665

This bill, called the Trade Review Act of 2025, establishes a new congressional review process for duties (taxes) imposed on imported goods. Under this legislation, the President must notify Congress within 48 hours of imposing or increasing an import duty, providing an explanation for the duty and an assessment of its potential impact on U.S. businesses and consumers. Any duty would automatically expire after 60 days unless Congress passes a joint resolution approving it. Members of Congress can introduce a joint resolution of disapproval at any time after the duty is imposed, and if such a resolution is enacted, the duty would immediately cease to have effect. The bill provides specific definitions and procedural guidelines for these joint resolutions, including expedited review processes. Importantly, the bill excludes antidumping and countervailing duties from these requirements. The legislation is designed to give Congress more oversight and control over trade-related tariffs, ensuring that the legislative branch has a more active role in reviewing trade policies that could affect the U.S. economy.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/2665/all-info