Terminates and refunds duties imposed by the President on imports, effective August 1, 2026.

The End Trump’s Tariff Tax Act terminates and refunds duties imposed by the President on imports, effective August 1, 2026. It automatically refunds duties collected on imports during specified periods, prioritizing small businesses. The act repeals authority to impose duties in response to discrimination by foreign countries and balance-of-payments authority. It also eliminates the requirement for importers to request refunds or submit documentation.

Terminates and refunds duties imposed by the President on imports, effective August 1, 2026.

The End Trump’s Tariff Tax Act terminates and refunds duties imposed by the President on imports, effective August 1, 2026. It automatically refunds duties collected on imports during specified periods, prioritizing small businesses. The act repeals authority to impose duties in response to discrimination by foreign countries and balance-of-payments authority. It also eliminates the requirement for importers to request refunds or submit documentation.