Toll of Tariffs Act of 2025

This bill mandates the United States International Trade Commission (USITC) to undertake a comprehensive study. The primary objective of this study is to analyze the inflationary impact of tariffs that have been imposed through Executive Orders. Specifically, it targets tariffs enacted during the period beginning on or after January 20, 2025, and extending up to the bill's date of enactment. Following the completion of this study, the USITC is required to submit a detailed report to Congress within 60 days of the bill's enactment. This report must not only present the study's findings but also specifically detail the tariffs' effects on the Consumer Price Index for All Urban Consumers (CPI-U) and similar measures tracking price changes in non-urban areas.