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News & Insights

NFTC Welcomes Final Passage of Reconciliation Bill

July 3, 2025


WASHINGTON , D.C. – National Foreign Trade Council (NFTC) Vice President for International Tax Policy Anne Gordon today issued a statement following final passage of the reconciliation bill:

“We are thrilled that the business and international tax provisions in the One Big Beautiful Bill will soon be a reality. We’d like to thank Speaker Johnson, the House leadership team and Chairman Smith for their efforts to ensure swift passage, and to President Trump and his team for their dedication to getting this bill to the finish line.

“The tax provisions in this bill establish long-term tax certainty that will allow our companies to be more productive, create more jobs, and make larger investments at home, and to be more competitive when doing business abroad.”

“We look forward to working with the administration to ensure effective implementation of the bill and to continue advocating for policies that achieve a pro-growth, globally-competitive tax system.”

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About the NFTC

The National Foreign Trade Council (NFTC) is the premier business association advancing trade, tax, national security and supply chain policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses, who account for over $6 trillion in revenue and employ nearly 6 million people in the United States.

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