Repeals section 338 of the Tariff Act of 1930, nullifying presidential proclamations based on it.

The bill, known as the "Banning Antiquated Duties and Delivering Equitable American Levies Act" or the "BAD DEAL Act," seeks to repeal section 338 of the Tariff Act of 1930. This section allowed for retaliatory tariffs against foreign countries that discriminated against U.S. goods. The bill also mandates the President to refund any tariffs collected under this repealed section. The repeal nullifies any presidential proclamations made under section 338, ensuring they have no legal effect.

Repeals section 338 of the Tariff Act of 1930, nullifying presidential proclamations based on it.

The bill, known as the "Banning Antiquated Duties and Delivering Equitable American Levies Act" or the "BAD DEAL Act," seeks to repeal section 338 of the Tariff Act of 1930. This section allowed for retaliatory tariffs against foreign countries that discriminated against U.S. goods. The bill also mandates the President to refund any tariffs collected under this repealed section. The repeal nullifies any presidential proclamations made under section 338, ensuring they have no legal effect.