Before the President raises or lowers tariffs using emergency or discretionary authority, the White House would have to publish a detailed justification in the Federal Register at least 48 hours in advance. Within a week of any tariff change, the U.S. Trade Representative would also have to brief the House Ways and Means Committee and the Senate Finance Committee on the reasoning. The goal is to add transparency and congressional oversight to tariff decisions that can directly affect the prices Americans pay for imported goods.
Congressional Summary
Reviewing Economic and Protection Objectives for Reciprocal Tariffs Act or the REPORT ActThis bill requires public and congressional notification of certain increases or decreases in a duty (i.e., tariff) imposed by the President on articles imported into the United States. Specifically, the President must publish information in the Federal Register within 48 hours of increasing or decreasing a duty on articles imported into the United States pursuant to a law or regulation authorizing modifications to duties on an emergency or discretionary basis. This publication must include (1) notice of such determination, and (2) a detailed justification for such increase or decrease.Additionally, the Office of the U.S. Trade Representative must brief specified congressional committees within seven days of the President making a determination to modify a duty. The briefing must include the justification for the President's determination.
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Introduced in House
- Action Date
- 2025-05-08
- Date Added
- 2026-04-16