CANADA Act

HR 4899, the CANADA Act, exempts small businesses from import duties imposed under a 2025 national emergency order. Specifically, it removes duties on goods imported by or for small business concerns (as defined by the Small Business Act) related to the emergency declared on February 1, 2025. This provision directly affects small businesses importing goods subject to those duties, reducing their costs. The bill modifies the application of existing emergency import duties without changing the underlying emergency order.