Tariff Transparency Act of 2025

3/29/2025, 2:23 AM

Summary of Bill S 959

Bill 119 s 959, also known as the "Impact of Duties on Imports from Mexico and Canada Act," is a proposed legislation that aims to require the United States International Trade Commission (USITC) to conduct an investigation and submit a report on the effects of duties, as well as the threat of duties, on imports from Mexico and Canada on businesses in the United States.

The bill seeks to analyze the impact of tariffs and duties imposed on goods imported from Mexico and Canada on American businesses. It aims to provide a comprehensive understanding of how these duties affect the competitiveness and operations of businesses in the United States.

The investigation conducted by the USITC will focus on the economic implications of these duties, including their impact on prices, supply chains, and overall business operations. The report submitted by the USITC will provide valuable insights and data to policymakers, businesses, and other stakeholders to make informed decisions regarding trade policies with Mexico and Canada. Overall, Bill 119 s 959 aims to shed light on the impact of duties on imports from Mexico and Canada on American businesses and provide valuable information to guide future trade policies.

Current Status of Bill S 959

Bill S 959 is currently in the status of Bill Introduced since March 11, 2025. Bill S 959 was introduced during Congress 119 and was introduced to the Senate on March 11, 2025.  Bill S 959's most recent activity was Read twice and referred to the Committee on Finance. as of March 11, 2025

Bipartisan Support of Bill S 959

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
33
Democrat Cosponsors
33
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 959

Primary Policy Focus


Alternate Title(s) of Bill S 959

A bill to require the United States International Trade Commission to conduct an investigation and submit a report on the impact on businesses in the United States of duties, and the threat of duties, on imports from Mexico and Canada, and for other purposes.A bill to require the United States International Trade Commission to conduct an investigation and submit a report on the impact on businesses in the United States of duties, and the threat of duties, on imports from Mexico and Canada, and for other purposes.
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