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To establish a Tariff Response and Damages to Exports fund, and for other purposes.
Last updated: 6/12/2025 · Introduced: 6/12/2025
Author: Julia Letlow (R-LA)
TL;DR (AI)
- This bill creates a Tariff Response and Damages to Exports Fund (TRADE Fund) within the Treasury to provide financial assistance to agricultural producers affected by tariffs.
- The fund will be supported by tariff revenues deposited by the President, with the Secretary of Agriculture responsible for distributing funds to impacted producers.
- The Secretary of Agriculture must report on the fund's financial activity and economic effects, and the fund's authority will expire on September 30, 2030.
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Other Sections
Includes provisions on preamble, tariff response and damages to exports fund..
2 sections
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