House bill proposes repealing a specific 1930 tariff law
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A bill was introduced in the U.S. House of Representatives. It proposes to repeal Section 338 of the Tariff Act of 1930. This section of law currently allows the President to impose tariffs on imports from countries that discriminate against U.S. goods.
Why it matters: This is a legislative proposal, not an active change in law. Its practical significance depends entirely on whether it passes both chambers of Congress and receives presidential signature. If it fails, the current tariff authorities and any existing duties imposed under Section 338 remain in effect. If it passes, it would remove a specific tool the President has used to impose trade barriers.
Who it affects
- Importers and exporters dealing with countries subject to Section 338 tariffs
The source is Congress.gov, the official legislative tracking site for the U.S. Congress; readers should check the original document for the full text and status before relying on it.
Agency: House
Source: Congress.gov — read the official document