Protecting Americans from Tax Hikes on Imported Goods Act of 2025
Protecting Americans from Tax Hikes on Imported Goods Act of 2025
Plain Language Summary
# Protecting Americans from Tax Hikes on Imported Goods Act of 2025 **What the bill would do:** This bill would limit the President's power to impose tariffs (taxes on imported goods) using emergency authorities under existing law. Specifically, it prevents the President from using the International Emergency Economic Powers Act to raise or add new tariffs on imported products. However, the bill would still allow the President to completely ban imports from certain countries if needed. **Who it affects:** The bill affects consumers who buy imported goods, businesses that rely on imported materials or products, and the President's executive powers during declared national emergencies.
It essentially constrains one tool the President can use to regulate trade without needing Congressional approval. **Current status:** The bill was introduced in the Senate by Senator Jeanne Shaheen (D-NH) and is currently in committee, meaning it hasn't yet been debated or voted on by the full Senate. It remains in the early stages of the legislative process.
CRS Official Summary
Protecting Americans from Tax Hikes on Imported Goods Act of 2025This bill prohibits the President from exercising authorities under the International Emergency Economic Powers Act (IEEPA) to impose or increase duties or impose tariff-rate quotas on imports entering the United States. However, this limitation does not prohibit the President from excluding all articles, or all of a certain type of article, imported from a country from entering the United States. (IEEPA provides the President with broad authority to regulate various economic transactions following a declaration of a national emergency.)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.