Washington, DC – As first reported in Spectrum News, today, U.S. Representative Young Kim (CA-40) introduced the Reviewing Economic and Protection Objectives for the Reciprocal Tariffs Act (REPORT) Act to restore Congressional oversight of the executive branch’s tariff authority.
The REPORT Act would:
- Require the President to notify Congress and provide a justification report of the economic and security objectives of an increase or decrease in tariff authority 48 hours before it takes effect;
- Direct the U.S. Trade Representative to testify to relevant committees once the tariffs take effect; and,
- Apply to future presidential administrations, regardless of political affiliation.
Rep. Jeff Hurd (CO-03) joined as an original cosponsor of the bill.
“While tariffs can be an important strategic tool to help level the playing field between the United States and other countries, long-term tariffs can be a tax that hike prices and hurt the bottom line for American families and small businesses,” said Rep. Young Kim. “The American people deserve certainty, which is why I’m proud to lead the REPORT Act to ensure the executive branch is transparent with the American people on the intended economic and security objectives behind enacting tariffs, especially in the long-term.”
“During my time in Congress, I have been a consistent advocate for Congress’s Article I, Section 8 authority when it comes to tariffs”, said Rep. Hurd. “I’m proud to support Rep. Kim’s REPORT Act, which ensures that Congress is notified and briefed on any tariff changes so that we can fulfill our constitutional oversight duties.”
Read the bill HERE.
