New bill would direct ITC to study the ‘inflationary impact’ of Trump’s tariffs

New bill would direct ITC to study the ‘inflationary impact’ of Trump’s tariffs

Three House Democrats on Tuesday introduced a bill that would direct the U.S. International Trade Commission to study how tariffs President Trump has imposed via executive order have impacted inflation. The “Toll of Tariffs Act of 2025,” would commission an ITC study on tariffs imposed through the start of the second Trump administration to the date of the bill’s enactment, it reads. The report would have to include an analysis of how the tariff…