S. 2383In Committee

CANADA Act

Introduced: Jul 22, 2025

Latest action date: Jul 22, 2025

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Executive Summary

Creating Access to Necessary American-Canadian Duty Adjustments Act or the CANADA Act

This bill exempts goods imported by or for the use of small business concerns from duties (i.e., tariffs) imposed under Executive Order 14193. This executive order, issued by President Donald J. Trump on February 1, 2025, imposed a 25% tariff on most imports from Canada (except for Canadian energy or energy resources, which have a 10% tariff).

Latest Action

Read twice and referred to the Committee on Finance.

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