In April 2025, President Trump declared a national emergency to justify placing a 10% tax (tariff) on most goods imported into the U.S. from other countries, plus extra taxes on imports from certain specific countries. This resolution would cancel that emergency declaration, which would remove the legal basis for those tariffs. If passed, this would affect American businesses that import foreign products and often pass tariff costs on to consumers through higher prices, as well as the trading partner countries targeted with the extra duties.