A group of Republican and Democrat senators in the United States (US) has proposed legislation that would exempt US small businesses from tariffs on Canadian goods.
The “Creating Access to Necessary American-Canadian Duty Adjustments Act” (CANADA Act) would exempt Canadian goods imported by, or for the use of, US small businesses from duties imposed by President Trump as the result of a national emergency declared on February 1, 2025, under the International Emergency Economic Powers Act (IEEPA).
The legislation proposes to make inapplicable the 25% blanket duty on Canadian goods imported to the US and the 10% tariff on Canadian energy imports resulting from the national emergency declaration, as well as potential future tariffs such as the 35% blanket tariff President Trump has threatened to impose on Canadian goods as of August 1, 2025.
The preceding summary is based on this article (and other sources): https://www.cnbc.com/2025/07/23/trump-canada-tariffs-small-business-bill.html