Washington, April 9 -- Representative Jimmy Panetta issued the following press release:
United States Representative Jimmy Panetta (CA-19) authored and introduced the bipartisan Stop Global Tariffs Act, which eliminates President Donald Trump's most recent tariffs while providing retroactive relief to importers harmed by his trade policies. This bill, which is being co-led by Rep. Don Bacon (NE-02) and House Ways and Means Trade Subcommittee Ranking Member Linda Sanchez (CA-38), will refund importers who paid duties and prevent the President from reissuing similar tariffs.
This bill strikes down the 10% tariffs issued by President Trump under Section 122 of the Trade Act of 1974. It requires that importers are reimbursed and prohibits the...