PolicyBrief
S.J.RES. 49
119th CongressApr 30th 2025
A joint resolution terminating the national emergency declared to impose global tariffs.
SENATE FAILED

This joint resolution terminates the national emergency declared on April 2, 2025, which was used to impose global tariffs.

Ron Wyden
D

Ron Wyden

Senator

OR

PartyTotal VotesYesNoDid Not Vote
Republican
533491
Democrat
454401
Independent
2200
LEGISLATION

Joint Resolution Ends 2025 Global Tariff Emergency: What This Means for Your Supply Chain

This joint resolution is short, sweet, and to the point: it immediately terminates the national emergency declared by the President on April 2, 2025, via Executive Order 14257. What this means in practice is that the special powers and associated funding activated by that specific 2025 declaration—which were used to impose global tariffs—stop the moment this resolution becomes law. Essentially, Congress is hitting the 'off' switch on a specific set of emergency economic controls.

The Emergency Brake on Tariffs

This resolution is purely procedural, focused on reversing a prior executive action. The emergency declaration it targets was explicitly used to impose tariffs, which are essentially taxes on imported goods. When that declaration is terminated, those tariffs go away. For the average person, tariffs usually mean higher prices on everything from imported car parts to consumer electronics and raw materials. By ending the emergency, the resolution aims to reduce those costs, potentially lowering prices for businesses and consumers who rely on those goods.

Who Feels the Change?

If you run a small business that imports components—say, a machine shop needing specific steel alloys or a retailer stocking imported clothing—this is a big deal. The immediate end to the tariffs imposed under EO 14257 means your cost of goods just went down, which should provide some relief to your operating budget. For the rest of us, this move could eventually ease pressure on inflation for certain products, though it takes time for those savings to trickle down.

The Flip Side: Domestic Industry

Not everyone sees this as good news. The original tariffs were likely put in place to protect specific domestic industries from foreign competition. Think of a U.S.-based manufacturer of a certain product who was benefiting from the higher price floor created by the import tariffs. For those domestic companies, the termination of the emergency means the protective shield is gone, and they will now face increased competition from international suppliers. This could put pressure on their pricing and potentially their workforce, creating an economic burden on those specific sectors that had relied on the emergency protection.