Legis Daily

Toll of Tariffs Act of 2025

USA119th CongressHR-4962| House 
| Updated: 8/12/2025
Hillary J. Scholten

Hillary J. Scholten

Democratic Representative

Michigan

Cosponsors (3)
Greg Landsman (Democratic)Derek Tran (Democratic)Brittany Pettersen (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Aug 12, 2025
Introduced in House
Aug 12, 2025
Referred to the House Committee on Ways and Means.
  • August 12, 2025
    Introduced in House


  • August 12, 2025
    Referred to the House Committee on Ways and Means.

Foreign Trade and International Finance

Toll of Tariffs Act of 2025

USA119th CongressHR-4962| House 
| Updated: 8/12/2025
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Aug 12, 2025
Introduced in House
Aug 12, 2025
Referred to the House Committee on Ways and Means.
  • August 12, 2025
    Introduced in House


  • August 12, 2025
    Referred to the House Committee on Ways and Means.
Hillary J. Scholten

Hillary J. Scholten

Democratic Representative

Michigan

Cosponsors (3)
Greg Landsman (Democratic)Derek Tran (Democratic)Brittany Pettersen (Democratic)

Ways and Means Committee

Foreign Trade and International Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted