CANADA Act

Hozzl · 2025-08-05T05:08:20Z

Explore the details of Senate Bill 2383 CANADA Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

8/5/2025, 5:08 AM

Summary of Bill S 2383

The bill, designated as S. 2383 in the 119th Congress and introduced on July 22, 2025, aims to exempt goods imported by or for small business concerns from the duties imposed by the national emergency declared by the President on February 1, 2025.

Congressional Summary of S 2383

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).

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Current Status of Bill S 2383

Bill S 2383 is currently in the status of Bill Introduced since July 22, 2025. Bill S 2383 was introduced during Congress 119 and was introduced to the Senate on July 22, 2025. Bill S 2383's most recent activity was Read twice and referred to the Committee on Finance. as of July 22, 2025

Bipartisan Support of Bill S 2383

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Policy Area and Potential Impact of Bill S 2383

Primary Policy Focus

Alternate Title(s) of Bill S 2383

A bill to exempt goods imported by or for the use of small business concerns from the duties imposed by the national emergency declared on February 1, 2025 by the President.