July 22, 2025
Mr. Welch (for himself, Mr. Schumer, Mr. Kaine, Mrs. Shaheen, Mr. Markey, Ms. Murkowski, Ms. Collins, and Mr. Wyden) introduced the following bill; which was read twice and referred to the Committee on Finance
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.
Section 1. Short title
The Act may be cited as the Creating Access to Necessary American-Canadian Duty Adjustments Act
or the CANADA Act
.
Sec. 2. Exemption for certain goods from national emergency
Duties imposed by the national emergency declared on February 1, 2025 by the President in Executive Order 14193 (90 Fed. Reg. 9113), as amended by Executive Order 14197 (90 Fed. Reg. 9183) and Executive Order 14226 (90 Fed. Reg. 11369), shall not apply with respect to goods imported by or for the use of small business concerns, as defined in section 3 of the Small Business Act (15 U.S.C. 632).