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Trade Review Act of 2025

USA119th CongressS-1272| Senate 
| Updated: 4/3/2025
Maria Cantwell

Maria Cantwell

Democratic Senator

Washington

Cosponsors (13)
Mitch McConnell (Republican)Thomas Tillis (Republican)Jerry Moran (Republican)Christopher A. Coons (Democratic)Todd Young (Republican)Mark R. Warner (Democratic)Amy Klobuchar (Democratic)Michael F. Bennet (Democratic)Peter Welch (Democratic)Susan M. Collins (Republican)Chuck Grassley (Republican)Richard Blumenthal (Democratic)Lisa Murkowski (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Apr 3, 2025
Introduced in Senate
Apr 3, 2025
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174: 3)
Apr 3, 2025
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)
Apr 7, 2025

Latest Companion Bill Action

HR 119-2665
Introduced in House
  • April 3, 2025
    Introduced in Senate


  • April 3, 2025
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174: 3)


  • April 3, 2025
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)


  • April 7, 2025

    Latest Companion Bill Action

    HR 119-2665
    Introduced in House

Foreign Trade and International Finance

Related Bills

  • HR 119-2665: Trade Review Act of 2025

Trade Review Act of 2025

USA119th CongressS-1272| Senate 
| Updated: 4/3/2025
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.
View Full Text

Suggested Questions

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

Timeline
Apr 3, 2025
Introduced in Senate
Apr 3, 2025
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174: 3)
Apr 3, 2025
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)
Apr 7, 2025

Latest Companion Bill Action

HR 119-2665
Introduced in House
  • April 3, 2025
    Introduced in Senate


  • April 3, 2025
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174: 3)


  • April 3, 2025
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)


  • April 7, 2025

    Latest Companion Bill Action

    HR 119-2665
    Introduced in House
Maria Cantwell

Maria Cantwell

Democratic Senator

Washington

Cosponsors (13)
Mitch McConnell (Republican)Thomas Tillis (Republican)Jerry Moran (Republican)Christopher A. Coons (Democratic)Todd Young (Republican)Mark R. Warner (Democratic)Amy Klobuchar (Democratic)Michael F. Bennet (Democratic)Peter Welch (Democratic)Susan M. Collins (Republican)Chuck Grassley (Republican)Richard Blumenthal (Democratic)Lisa Murkowski (Republican)

Finance Committee

Foreign Trade and International Finance

Related Bills

  • HR 119-2665: Trade Review Act of 2025
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted