HR4962-119

In Committee

Toll of Tariffs Act of 2025

119th Congress Introduced Aug 12, 2025

Summary

What This Bill Does

The Toll of Tariffs Act requires the United States International Trade Commission to quantify how tariffs imposed by executive orders issued from January 20, 2025, through enactment affect inflation. The Commission must study impacts on the Consumer Price Index for All Urban Consumers and on comparable non-urban price measures determined by the Bureau of Labor Statistics. It must submit the results to Congress within 60 days. The bill does not itself raise or repeal tariffs; it creates a fast public evidence base for lawmakers, consumers, businesses, and tariff-affected industries to evaluate whether executive-order tariffs are increasing prices.

Who Benefits and How

Congressional trade committees benefit from a 60-day ITC report on tariff-related inflation effects. Consumers benefit if CPI-U and non-urban price impacts make tariff cost pass-through more visible. Businesses using imported inputs benefit from public data they can cite when explaining tariff-driven price changes. Rural consumers benefit because the report must include comparable measures tracking non-urban price changes.

Who Bears the Burden and How

International Trade Commission analysts must conduct the study and submit the report within 60 days. Bureau of Labor Statistics staff must help determine comparable non-urban price measures. Executive tariff defenders may face public scrutiny if the report shows significant inflation effects. Tariff-affected importers must still absorb or pass through tariff costs while the study is prepared.

Key Provisions

  • Directs ITC to study tariffs imposed by executive orders issued on or after January 20, 2025.
  • Requires analysis of CPI-U impacts and comparable non-urban price measures.
  • Requires a report to Congress within 60 days after enactment.
  • Provides price-impact evidence without directly changing tariff rates.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

Requires the International Trade Commission to study inflationary effects of tariffs imposed by executive orders issued on or after January 20, 2025, and report CPI-U and comparable non-urban price impacts within 60 days.

Key Policy Areas

Trade, Tariffs, Inflation

Primary Purpose

Requires the International Trade Commission to study inflationary effects of tariffs imposed by executive orders issued on or after January 20, 2025, and report CPI-U and comparable non-urban price impacts within 60 days.

Policy Domains

Trade Tariffs Inflation

Resolution provisions

Identified Gains
  • Congressional trade committees
  • Consumers
  • Businesses using imported inputs
  • Rural consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
Consumers:
Rural consumers:
Congressional trade committees:
Businesses using imported inputs:
Identified Costs
  • International Trade Commission analysts
  • Bureau of Labor Statistics staff
  • Executive tariff defenders
  • Tariff-affected importers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
Tariff-affected importers:
Executive tariff defenders:
Bureau of Labor Statistics staff:
International Trade Commission analysts:

Legislative Progress

In Committee
Introduced Committee Passed
Aug 12, 2025

Ms. Scholten (for herself, Mr. Landsman, and Mr. Tran) introduced …

Aug 12, 2025

Referred to the House Committee on Ways and Means.

Aug 12, 2025

Introduced in House

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
3 mentions across 1 clause
+1 positive -2 negative

Bureau of Labor Statistics staff, Congressional trade committees, International Trade Commission analysts

Positive-direction: Congressional trade committees

Negative-direction: Bureau of Labor Statistics staff, International Trade Commission analysts

Consumers
1 mention across 1 clause
+1 positive
Trade
1 mention across 1 clause
+1 positive

Businesses using imported inputs

2/2
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Trade Tariffs Inflation

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology