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Trade Review Act of 2025

Bill Number
S. 1272
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Foreign Trade and International Finance
Status
Introduced
Latest Action
2025-04-03: Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2173-2174)
Last Updated
2026-04-15T14:40:22Z

AI-Generated Summary

Purpose

The Trade Review Act of 2025 aims to increase congressional oversight of the President's authority to impose or increase tariffs (taxes on imported goods) by requiring timely notification to Congress and mandating congressional approval for such tariffs to remain in effect beyond a short initial period. This ensures Congress has a direct role in reviewing and potentially approving or rejecting trade duties, excluding specific types like antidumping duties (which prevent foreign companies from selling goods below fair value to harm U.S. industries).

Key Provisions

The bill amends Chapter 5 of the Trade Act of 1974 (a key U.S. law governing trade policy) by adding a new Section 155 and updates the law's table of contents accordingly.

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Cantwell, Maria [D-WA]

Cosponsors (13)

Sen. Grassley, Chuck [R-IA], Sen. Moran, Jerry [R-KS], Sen. Klobuchar, Amy [D-MN], Sen. Murkowski, Lisa [R-AK], Sen. Warner, Mark R. [D-VA], Sen. McConnell, Mitch [R-KY], Sen. Bennet, Michael F. [D-CO], Sen. Tillis, Thomas [R-NC], Sen. Welch, Peter [D-VT], Sen. Young, Todd [R-IN], Sen. Coons, Christopher A. [D-DE], Sen. Collins, Susan M. [R-ME], Sen. Blumenthal, Richard [D-CT]

Recent Actions

Bill Versions

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