S. 2383 · Where this bill is now
In committee
Introduced in the Senate, Jul 22, 2025
What this bill does
In plain words · AI-written from the official summaryExempts small businesses from Canadian tariffs
This bill would allow small business concerns to bring in goods from Canada without paying the 25% tariffs that were recently imposed on most Canadian imports (with energy products facing a 10% tariff). Essentially, it carves out an exception to these tariffs for small businesses.
How it affects you
Small business owners who import goods from Canada would be directly affected, as they could avoid paying these tariffs on their imports. For other Americans, the effect depends on whether lower import costs for small businesses lead to lower prices for the goods and services those businesses provide.
Read the official summary (Introduced in Senate, Jul 22, 2025)
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).
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 2383
A BILL
CANADA Act
Sponsor: Sen. Peter Welch (D-VT) · Introduced Jul 22, 2025 · Foreign Trade and International Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 22, 2025: “Read twice and referred to the Committee on Finance.”