H.R. 3292 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Ways and Means, May 8, 2025
What this bill does
In plain words · AI-written from the official summaryRequires disclosure of emergency tariff changes
This bill says the President must announce any sudden changes to tariffs (taxes on imported goods) within 48 hours and explain why. The information goes into the Federal Register, a public record. Within seven days, the trade representative also has to brief Congress about the change and give them the same explanation.
How it affects you
If you buy imported goods or run a business that does, you'd get faster, clearer information about tariff changes that could affect prices. Congress gets quicker notice too, so lawmakers know what trade decisions are being made in their name.
Read the official summary (Introduced in House, May 8, 2025)
Reviewing Economic and Protection Objectives for Reciprocal Tariffs Act or the REPORT Act
This bill requires public and congressional notification of certain increases or decreases in a duty (i.e., tariff) imposed by the President on articles imported into the United States.
Specifically, the President must publish information in the Federal Register within 48 hours of increasing or decreasing a duty on articles imported into the United States pursuant to a law or regulation authorizing modifications to duties on an emergency or discretionary basis. This publication must include (1) notice of such determination, and (2) a detailed justification for such increase or decrease.
Additionally, the Office of the U.S. Trade Representative must brief specified congressional committees within seven days of the President making a determination to modify a duty. The briefing must include the justification for the President's determination.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 3292
A BILL
REPORT Act
Sponsor: Rep. Young Kim (R-CA-40) · Introduced May 8, 2025 · Foreign Trade and International Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action May 8, 2025: “Referred to the House Committee on Ways and Means.”