Requires a government study on how tariffs affect everyday prices for consumers.
This bill would require the U.S. International Trade Commission to study how tariffs, or taxes on imported goods, have made prices go up. It aims to give Congress clear information on how these tariffs impact what people pay in both cities and rural areas. This study would cover tariffs put in place by presidential orders between January 20, 2025, and the date the bill becomes law.
Today, there is no specific requirement for a government study on how recent tariffs affect prices. If this bill passes, the U.S. International Trade Commission would be required to study the inflationary impact of tariffs issued between January 20, 2025, and the date the bill becomes law, and report its findings to Congress within 60 days of the bill becoming law.
HR 4962 · 119th Congress · August 12, 2025 · AI Summary by gemini-2.5-flash · 9/10
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