Bills · HR 2665
IN COMMITTEE· 119TH CONGRESS
House BillHR 2665Foreign Trade and International Finance
Trade Review Act of 2025
INTRO APR 7· LAST ACTION APR 7
READING
4MIN
COSPONSORS
8BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it shifts significant power over trade policy from the President to Congress. Currently, a President can impose many duties without needing a direct vote from Congress on each specific action. If this bill becomes law, Congress would gain a direct veto power over most new duties and would have to proactively approve them to prevent their expiration.
This change could lead to more public debate and accountability on trade decisions, as duties that affect the cost of everyday goods or specific industries would require a clear vote. For voters, it means potentially more transparency in how trade taxes are decided and a greater ability to hold their elected representatives (in Congress) responsible for these policies. If it doesn't become law, the President's authority to impose new duties without congressional approval would remain largely unchanged, continuing the existing balance of power in trade matters.
KEY PROVISIONS
4AI-extractedPROVISION 01
Requires the President to notify Congress within 48 hours of imposing or increasing a duty, providing reasoning and an impact assessment.
This provision increases transparency and ensures Congress and the public are quickly informed about the basis and potential effects of new trade taxes.
PROVISION 02
Any new or increased duty will expire automatically after 60 days unless Congress passes a joint resolution specifically approving it.
This provision fundamentally changes the default outcome, requiring congressional action to maintain duties rather than to remove them, giving Congress more control.
PROVISION 03
Congress can pass a joint resolution to disapprove and immediately terminate any new duty at any time.
This provides Congress with an immediate tool to stop new duties they disagree with, strengthening legislative checks on executive trade power.
PROVISION 04
Excludes antidumping and countervailing duties from these new congressional review requirements.
This specifies that certain duties, designed to address unfair foreign trade practices, will continue to be implemented without the new 60-day or approval requirements.
SPONSORSHIP
1 + 8
R· Nebraska
YRS IN OFFICE
9
BILLS LED
51
COSPONSOR BREAKDOWNBIPARTISAN · 75%
DEM 5 REP 3 IND 0
ACTION TIMELINE
2 EVENTSAPR 7
Introduced in House
APR 7
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
BILL INFO
TypeHouse Bill
NumberHR 2665
Congress119th
StatusIn Committee
IntroducedApr 7, 2025
Last actionApr 7, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED APR 7, 2025
House BillHR 2665Foreign Trade and International Finance
Trade Review Act of 2025
INTRODUCED APR 7, 2025· LAST ACTION APR 7, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
8
COMPLEXITY
Moderate
