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HR 4962 119th Congress · House

Toll of Tariffs Act: Putting Tariff Costs in the Spotlight

Official title: Toll of Tariffs Act of 2025

What This Bill Does

The Toll of Tariffs Act of 2025 would highlight and measure the costs tariffs can impose on American consumers and businesses. It is aimed at making the economic effects of tariffs more visible in federal policymaking.

For ordinary Americans, tariffs can mean higher prices on imported goods, parts, and materials that businesses use to make products. A bill focused on the “toll” of tariffs matters because it could shape future trade policy debates and influence whether lawmakers use tariffs more cautiously.

Who This Bill Affects

Public Relevance 60 / 100
Niche Broad impact Broad

For the general public, this bill could affect prices on some imported goods and the costs businesses face for supplies and manufacturing inputs. If it influences tariff policy, consumers may see changes in retail prices and workers may feel indirect effects through supply chains and trade-sensitive industries.

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Latest Status

August 12, 2025

Referred to the House Committee on Ways and Means.

Will It Pass?

8% estimated chance of becoming law

Pass percentages are estimates and may be inaccurate.

Data sourced from api.congress.gov. AI summaries by BillBoard.