A joint resolution terminating the national emergency declared to impose global tariffs.
Summary
S.J.Res. 88 is a binding joint resolution that would cancel the national emergency declared by President Trump on April 2, 2025, which authorized a 10% tariff on most imports to the United States and additional duties on specified trading partners. The resolution has already passed the Senate and is currently being debated on the floor of the House of Representatives.
If enacted, this resolution would eliminate the emergency authority under which these tariffs were imposed. This would mean that the 10% baseline tariff on most imported goods would no longer be in effect, and the additional targeted duties on specific trading partners would also be terminated. For everyday citizens, this could result in lower prices on imported goods, including consumer products, electronics, clothing, and other items that rely on international supply chains.
The practical impact would be felt at the checkout counter and in everyday purchases. Consumers could see price decreases on a wide range of products that were subject to the tariffs. Businesses that rely on imported materials or goods would also be affected, potentially allowing them to reduce costs and prices. However, the resolution would need to pass the House and potentially overcome any presidential veto to become law.