This bill introduces a new requirement for the implementation of any modification to tariffs or other duties imposed on imported articles. It stipulates that such modifications cannot enter into effect until the Congressional Budget Office (CBO) conducts and publishes an economic review of their expected impact. The CBO is required to make this economic review available on a publicly accessible website before any tariff change can be implemented. This provision aims to ensure that the economic consequences of tariff adjustments are thoroughly analyzed and publicly disclosed, promoting greater transparency and informed decision-making in trade policy before changes take effect.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Foreign Trade and International Finance
To require the Congressional Budget Office to conduct an economic review of the economic impact of tariff modifications before implementation.
USA119th CongressHR-4326| House
| Updated: 7/10/2025
This bill introduces a new requirement for the implementation of any modification to tariffs or other duties imposed on imported articles. It stipulates that such modifications cannot enter into effect until the Congressional Budget Office (CBO) conducts and publishes an economic review of their expected impact. The CBO is required to make this economic review available on a publicly accessible website before any tariff change can be implemented. This provision aims to ensure that the economic consequences of tariff adjustments are thoroughly analyzed and publicly disclosed, promoting greater transparency and informed decision-making in trade policy before changes take effect.