Congressman Panetta Introduces BAD DEAL Act to Counter Trump Tariffs on Canadian Goods
Democratic Congressman Jimmy Panetta, alongside several colleagues, has introduced the BAD DEAL Act in response to the White House's decision to impose $20 billion in tariffs on Canadian goods. The proposed legislation aims to repeal a section of a 96-year-old bill that the Trump Administration utilized to unilaterally levy these tariffs. Furthermore, the BAD DEAL Act seeks to refund all duties that have been paid under this authority to date. Congressman Panetta emphasized that these tariffs are causing significant economic damage to American citizens, small businesses, and the broader U.S. economy, effectively acting as taxes imposed on consumers. The latest tariffs took effect recently, prompting Canada to implement its own retaliatory levies.