Will any law mandating congressional approval to tariffs pass in US Congress in 2025?

This market will resolve as "Yes" if, before the beginning of the end-of-year recess of the United States Congress in 2025, both chambers of Congress pass a bill that explicitly mandates congressional approval prior to the imposition of any new tariffs by the executive branch. The bill must pass both the House of Representatives and the Senate in the same form, whether as a standalone piece of legislation or as part of a broader legislative package. A law qualifies regardless of whether it applies to all tariffs or only certain categories (e.g., tariffs justified under national security or imposed under specific trade statutes), provided the law requires affirmative congressional approval before such tariffs may be imposed or take effect.

For this market, the law must have passed both chambers of Congress but does not need to have been signed into law by the President or enacted over a veto. If the law is passed by Congress and then repealed or significantly altered before the end of the 2025 congressional session, the market will still resolve as "Yes", so long as the original qualifying version passed both chambers during the legislative period. Amendments to existing trade statutes requiring congressional approval for tariff actions will also qualify, provided they meet the criteria above.

Resolution will be based on official congressional records, including but not limited to the Congressional Record, Congress.gov, and reputable news sources. If there is ambiguity about whether a bill meets the criteria, resolution will be determined by the bill’s official text and accompanying Congressional Research Service summaries.