H.R. 4326 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Ways and Means, Jul 10, 2025
What this bill does
In plain words · AI-written from the official summaryRequires economic review before tariff changes
Ever wondered what happens economically when the government changes tariffs—the taxes on imported goods. This bill would require the Congressional Budget Office to study and publish the expected economic effects of any tariff change before it takes effect. The tariff couldn't go into effect until that review is publicly available online.
How it affects you
This doesn't directly change tariffs themselves, but it means any tariff changes would come with a public economic analysis first. If you buy imported goods, work in trade-related industries, or just want to understand the reasoning behind trade policy, you'd get that information upfront rather than after the fact.
Read the official summary (Introduced in House, Jul 10, 2025)
This bill requires the Congressional Budget Office (CBO) to conduct an economic review of the potential economic effects of modifications to tariffs before their implementation. Specifically, the bill prohibits a modification to any tariff or other duty on imports from taking effect until CBO publishes on a publicly available website an economic review of the expected economic impact of the modification.
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. 4326
A BILL
To require the Congressional Budget Office to conduct an economic review of the economic impact of tariff modifications before implementation.
Sponsor: Rep. Josh Gottheimer (D-NJ-5) · Introduced Jul 10, 2025 · Foreign Trade and International Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 10, 2025: “Referred to the House Committee on Ways and Means.”