Trade Review Act of 2025

The "Trade Review Act of 2025" establishes a new process for Congressional review of duties imposed or increased by the President. Under this Act, the President must notify Congress within 48 hours of such an action, providing a detailed explanation of the reasoning behind the duty and an assessment of its potential impact on United States businesses and consumers. This notification ensures transparency and allows Congress to understand the rationale and consequences of new trade measures. Crucially, any duty imposed by the President will automatically expire after 60 days unless Congress enacts a joint resolution of approval. Conversely, Congress can also pass a joint resolution of disapproval at any time, which would immediately terminate the duty. This mechanism provides Congress with significant oversight, though it specifically excludes antidumping and countervailing duties from its provisions.