S 151 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill would stop the President from using a law called the International Emergency Economic Powers Act (IEEPA) to place new taxes or raise existing taxes on goods brought into the country from other places. However, the President would still be allowed to completely block all products, or certain types of products, from a specific country from entering the United States. IEEPA is a law that gives the President wide-ranging power to control economic activities after declaring a national emergency.
Introduced
January 17, 2025
Policy Area
Foreign Trade and International Finance
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