Banning Antiquated Duties and Delivering Equitable American Levies (BAD DEAL) Act of 2026

The BAD DEAL Act of 2026 repeals Section 338 of the Tariff Act of 1930, which previously allowed the President to impose tariffs on foreign countries that engaged in unfair trade practices. This legislation directly affects importers and businesses by removing the legal authority for these specific duties and invalidating any presidential proclamations issued under that section. The bill requires the President to refund all tariffs or other duties collected before, on, or after the enactment date that resulted from actions taken under the repealed provision.