A joint resolution terminating the national emergency declared to impose global tariffs.

# Summary of SJRES 49 **What the Bill Would Do** This bill would cancel a national emergency declaration that President Trump issued on April 2, 2025, which imposed a 10% tariff (tax) on most goods imported into the United States, with even higher tariffs on certain trading partners. If passed, the tariffs would be terminated, and imports would return to their previous tax rates. **Who It Affects and Key Provisions** The bill would impact American consumers (who might see lower prices on imported goods), U.S. businesses that rely on imports, and trading partners affected by the tariffs. As a joint resolution, it uses Congress's constitutional power to challenge presidential emergency declarations.

Under the Congressional Review Act, Congress can overturn emergency declarations with a simple majority vote in both chambers. **Current Status** The bill is currently in committee and has not yet been voted on by the full Congress. Sponsor Ron Wyden (D-OR) introduced it as a challenge to the president's use of emergency powers for tariff policy. Whether it advances depends on whether it gains support from both chambers of Congress.