[Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)]
[Senate]
[Pages S4012-S4013]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2578. Mr. SCHATZ submitted an amendment intended to be proposed to 
amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill 
H.R. 1, to provide for reconciliation pursuant to title II of H. Con. 
Res. 14;

[[Page S4013]]

which was ordered to lie on the table; as follows:

        At the appropriate place, insert the following:

     SEC. __. EXEMPTION FOR CERTAIN CONSUMER GOODS FROM DUTIES 
                   IMPOSED PURSUANT TO NATIONAL EMERGENCY 
                   DECLARATION.

       (a) In General.--Duties imposed pursuant to the national 
     emergency declared in Executive Order 14257 (90 Fed. Reg. 
     15041; relating to regulating imports with a reciprocal 
     tariff to rectify trade practices that contribute to large 
     and persistent annual United States goods trade deficits) 
     shall not apply with respect to a consumer good if the duties 
     are estimated to result in an increase in the final sale 
     price of the good that exceeds the increase that would occur 
     under a projected annual inflation rate of 2 percent.
       (b) Consumer Good Defined.--In this section, the term 
     ``consumer good'' means--
       (1) an item included in the ``consumer goods'' principle 
     end-use commodity category referred to in the International 
     Trade Application Programming Interface of the Bureau of the 
     Census; and
       (2) an intermediate input included in the ``capital goods'' 
     or ``industrial supplies'' principle end-use commodity 
     category referred to in the International Trade Application 
     Programming Interface of the Bureau of the Census if the 
     intermediate input is used for the production of a good in 
     the United States for final sale to United States consumers.
                                 ______