US Federal 2025-2026 Regular Session

US Federal House Bill HB505

Introduced
1/16/25  

Caption

This bill directs the President to impose additional duties (i.e., tariffs) on all imports entering the United States.Specifically, the President must impose an additional 10% duty on all imports entering the United States. Additionally, the bill directs the President to increase this duty on imported goods by an additional 5% if the United States has a deficit in the trade of goods and services generally for the immediately preceding calendar year. If the United States has a balance or surplus in the trade of goods and services, then the President must decrease the duty by 5% (except the imposed duty shall not be reduced below $0).

Congress_id

119-HR-505

Policy_area

Foreign Trade and International Finance

Introduced_date

2025-01-16

Companion Bills

No companion bills found.

Previously Filed As

US SB151

Protecting Americans from Tax Hikes on Imported Goods Act of 2025This bill prohibits the President from exercising authorities under the International Emergency Economic Powers Act (IEEPA) to impose or increase duties or impose tariff-rate quotas on imports entering the United States. However, this limitation does not prohibit the President from excluding all articles, or all of a certain type of article, imported from a country from entering the United States. (IEEPA provides the President with broad authority to regulate various economic transactions following a declaration of a national emergency.)

US HB694

Restoring Trade Fairness ActThis bill establishes various trade measures related to China, including by revoking China's permanent normal trade relations (PNTR) status and increasing the rates of duty (i.e., tariffs) on Chinese imported goods. The bill prohibits imported goods originating from North Korea, China, Russia, or Iran from receiving de minimis treatment. (Current law allows for U.S. imports under a de minimis threshold of $800 per shipment to enter free of tariffs, fees, and taxes.)Specifically, the bill revokes China's PNTR status. Currently, China's PNTR status allows for Chinese goods to have duty rates set forth in column 1 of the Harmonized Tariff Schedule of the United States (HTS). With the removal of China's PNTR status, the bill generally sets the applicable duty rates on imported Chinese goods at the higher rates listed in column 2 of the HTS, with exceptions.The bill establishes a minimum duty rate of 35% for all Chinese goods, which requires column 2 rates to be at least 35%. However, the bill establishes a minimum duty rate of 100% for a list of specified goods (e.g., various minerals, certain vaccines and drugs, and certain defense-related articles). Duty rates are phased in over five years and adjusted annually for inflation.The bill alsoauthorizes the President to take additional actions related to trade with China, requires merchandise imported from China to be appraised based on U.S. value, and establishes a trust fund to compensate U.S. producers for lost revenue resulting from retaliatory actions by China.

US SB206

Restoring Trade Fairness ActThis bill establishes various trade measures related to China, including by revoking China's permanent normal trade relations (PNTR) status and increasing the rates of duty (i.e., tariffs) on Chinese imported goods. The bill prohibits imported goods originating from North Korea, China, Russia, or Iran from receiving de minimis treatment. (Current law allows for U.S. imports under a de minimis threshold of $800 per shipment to enter free of tariffs, fees, and taxes.)Specifically, the bill revokes China's PNTR status. Currently, China's PNTR status allows for Chinese goods to have duty rates set forth in column 1 of the Harmonized Tariff Schedule of the United States (HTS). With the removal of China's PNTR status, the bill generally sets the applicable duty rates on imported Chinese goods at the higher rates listed in column 2 of the HTS, with exceptions.The bill establishes a minimum duty rate of 35% for all Chinese goods, which requires column 2 rates to be at least 35%. However, the bill establishes a minimum duty rate of 100% for a list of specified goods (e.g., various minerals, certain vaccines and drugs, and certain defense-related articles). Duty rates are phased in over five years and adjusted annually for inflation.The bill alsoauthorizes the President to take additional actions related to trade with China, requires merchandise imported from China to be appraised based on U.S. value, and establishes a trust fund to compensate U.S. producers for lost revenue resulting from retaliatory actions by China.

US SR183

President of the United States; the imposition of tariffs on Mexico and Canada; express strong disagreement

US HR237

Condemning the tariff policy of the President of the United States and urging the President to end this tariff policy.

US HB37

David Dorn Act of 2023 This bill increases criminal penalties for rioting and related offenses (e.g., inciting a riot). Specifically, the bill increases the maximum prison term from 5 to 10 years. Additionally, if a fine is imposed for an offense, the bill sets a minimum fine amount of $1,000.

US HJR134

Terminating the national emergency declared to impose duties on articles imported from India.

US AR72

Opposes President Trump's tariff policy on imported products.

US AB1152

Entering into an agreement among the states to elect the president and vice president of the United States by means of a national popular vote.

US SB1117

Entering into an agreement among the states to elect the president and vice president of the United States by means of a national popular vote.

Similar Bills

No similar bills found.