BAD DEAL Act

The BAD DEAL Act repeals Section 338 of the Tariff Act of 1930, which previously allowed the President to impose tariffs on foreign countries that engaged in unfair trade practices. This legislation directly affects importers and businesses by removing the legal authority for these specific duties and invalidating any presidential proclamations issued under that section. A key provision requires the government to refund all tariffs collected based on those repealed authorities, including amounts paid before the law is enacted.