To nullify the Presidential Proclamation relating to Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems, and for other purposes.

This bill would cancel Presidential Proclamation 11012 of February 20, 2026, which placed a temporary surcharge on imported goods. It would also cancel any later or similar proclamation or action that sets an import surcharge, at any percentage. No federal money could be spent to carry out these actions. The President would be required to arrange refunds of tariffs or duties collected under these actions between February 20, 2026, and the date the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Jimmy Panetta Democrat sponsor
• 10 cosponsors