Toll of Tariffs Act of 2025
Study on How Tariffs Affect Prices
The Toll of Tariffs Act of 2025 is currently in the early stages of the legislative process. It was recently introduced and sent to the House Committee on Ways and Means for review. There are no upcoming votes scheduled at this time, and the bill is still waiting for committee action.
Legislative Progress
This bill was introduced by Democrats to highlight the costs of the current administration's trade policies, making it unlikely to pass in a Republican-controlled House.
Key Points
- This bill would require a government trade agency to study how new taxes on imported goods, known as tariffs, are changing the cost of living.
- The study would specifically look at tariffs created by executive orders signed by Trump since he took office in January 2025.
- The agency would have 60 days to report to Congress on how these trade taxes have affected the price of everyday items like groceries and clothes.
- The goal is to provide clear data on whether these trade policies are making inflation worse for families in both big cities and small towns.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Toll of Tariffs Act of 2025
Data Sources
Sponsor
Cosponsors
(3)Analysis generated by AI. Always verify with official sources.