Search Results: keywords:"trade review act of 2025"

  • H. R. 2665 — To provide for notification to, and review by, Congress with respect to the imposition of duties.
    Status:Introduced in House
    Words:1,017

    H.R. 2665, known as the “Trade Review Act of 2025,” proposes that Congress must be notified within 48 hours whenever the President imposes or increases a duty on an imported article. The bill requires the President to explain the duty's rationale and assess its potential...

    Simple Explanation

    H.R. 2665, called the "Trade Review Act of 2025," says that if the President makes a decision to add or raise a tax on stuff coming from other countries, Congress has to be told about it quickly and has 60 days to agree; if they don't, the new tax goes away. This doesn't include certain special taxes for things like unfair trade practices.

  • S. 1272 — To provide for notification to, and review by, Congress with respect to the imposition of duties.
    Status:Introduced in Senate
    Words:996

    S. 1272 is a bill called the “Trade Review Act of 2025.” It aims to ensure that Congress is notified and has the chance to review any new duties or increases in duties imposed by the President on imported goods. The President must notify Congress within 48 hours of imposing...

    Simple Explanation

    Imagine the President wants to add extra costs called "duties" to toys coming into the country. This bill says the President has to tell Congress very quickly, and if Congress doesn't say it's okay within a couple of months, those extra costs go away.