End Trump’s Tariff Tax Act

This bill would end tariffs (import duties) set by the President after a trade investigation into whether other countries ban imports made with forced labor, with action announced on July 28, 2026. It would repeal two laws that let the President impose duties: Section 122 of the Trade Act of 1974, used for balance-of-payments problems, and Section 338 of the Tariff Act of 1930, used when foreign countries discriminate against U.S. trade. Any duties imposed under these laws would stop having effect once the bill becomes law. U.S. Customs and Border Protection would have to automatically refund these duties, with interest, to importers within 30 days, without requiring a request or paperwork, and would give priority to small businesses where practical.

Full text and official record on Congress.gov

Sponsors

• Charles E. Schumer Democrat sponsor
• 29 cosponsors