This Act may be cited as the Banning Antiquated Duties and Delivering Equitable American Levies Act or the BAD DEAL Act.

(a) In general Section 338 of the Tariff Act of 1930 (19 U.S.C. 1338U.S. Code — Title 19, Section 1338View official source on GovInfo) is hereby repealed and any Presidential proclamation promulgated in whole or in part pursuant to such section shall have no force or effect. (b) Retroactive application The President shall take such actions as may be necessary to provide for the refund of each tariff or other duty imposed and collected before, on, or after the date of the enactment of this Act by reason of the implementation of a Presidential proclamation or other action promulgated in whole or in part pursuant to section 338 of the Tariff Act of 1930 (19 U.S.C. 1338U.S. Code — Title 19, Section 1338View official source on GovInfo). (c) Conforming amendment Section 337(m) of the Tariff Act of 1930 (19 U.S.C. 1337(m)U.S. Code — Title 19, Section 1337(m)View official source on GovInfo) is amended by striking sections 338 and and inserting section.