S. 959 · Where this bill is now
In committee
Introduced in the Senate, Mar 11, 2025
What this bill does
In plain words · AI-written from the official summaryStudy shows how Canada-Mexico tariffs affect Americans
The U.S. International Trade Commission would investigate and report to Congress on how new tariffs on imports from Canada and Mexico are affecting people and businesses. The report would look at three main things: how the tariffs change consumer prices, what happens when Canada and Mexico retaliate (like imposing their own tariffs), and how the uncertainty around these trade changes impacts U.S. businesses.
How it affects you
If you buy imported goods, work in agriculture, run a small business, or farm or ranch, you'd eventually see the findings of this report. It's designed to show Congress what the real-world effects of these tariffs are on your wallet and your work, so lawmakers have solid information to make decisions about trade policy.
Read the official summary (Introduced in Senate, Mar 11, 2025)
Tariff Transparency Act of 2025
This bill requires the U.S. International Trade Commission to investigate and report to Congress on the impact of additional tariffs on imports from Canada and Mexico. (President Donald J. Trump issued executive orders on February 1, 2025, to impose an additional 25% tariff on most imports from Canada and Mexico. These tariffs applied to all imports, except for Canadian energy or energy resources, which have an additional 10% tariff.)
Specifically, the report must assess (1) the impact of these tariffs on consumer prices; (2) the impact of any retaliation (e.g., retaliatory tariffs and export restrictions) imposed by Canada and Mexico on U.S. consumers, small businesses, farmers, and ranchers; and (3) the impact of the threat of tariffs and associated uncertainty with respect to the trade relationship between the United States, Canada, and Mexico on U.S. businesses.
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 SessionS. 959
A BILL
Tariff Transparency Act of 2025
Sponsor: Sen. Angela D. Alsobrooks (D-MD) · Introduced Mar 11, 2025 · Foreign Trade and International Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 11, 2025: “Read twice and referred to the Committee on Finance.”