Ways and Means Committee
- Referred To
Introduced: Jan 16, 2025
Latest action date: Jan 16, 2025
Latest development
Referred to the House Committee on Ways and Means.
Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
This bill directs the President to impose additional duties (i.e., tariffs) on all imports entering the United States.
Specifically, the President must impose an additional 10% duty on all imports entering the United States.
Additionally, the bill directs the President to increase this duty on imported goods by an additional 5% if the United States has a deficit in the trade of goods and services generally for the immediately preceding calendar year. If the United States has a balance or surplus in the trade of goods and services, then the President must decrease the duty by 5% (except the imposed duty shall not be reduced below $0).
Civixly topics
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Foreign Trade and International Finance
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Sep 16, 2026.
Newest action first. Action language comes from the official Congress.gov record.
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
No connected roll-call votes are currently available for this bill.
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