Bill > S1364

This bill proposes to exempt imported goods from Israel and Ukraine from specific tariffs established by an executive order designed to address large and persistent trade deficits in goods trade with the United States. The executive order, which originally imposed reciprocal tariffs on certain imported goods, would no longer apply to articles coming from Israel or Ukraine. By creating this exemption, the bill aims to support these two specific American allies by ensuring their exports to the United States are not subject to additional duties. The bill's short title, "Supporting American Allies Act," reflects its intent to provide economic relief and demonstrate support for Israel and Ukraine through favorable trade treatment. If passed, this legislation would modify existing trade regulations to create a more favorable import environment for goods from these two countries.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1364/all-info