New York's junior U.S. Senator has formally introduced legislation that would repeal all tariffs levied under Section 338 of the Tariff Act, including the 50% tariffs that President Donald Trump recently imposed on Canada. Kirsten Gillibrand says the Banning Antiquated Duties and Delivering Equitable American Levies (BAD DEAL) Act would also refund Americans for all duties paid under that authority. She says a trade war with Canada will be detrimental to New York's economy...
Kirsten Gillibrand: tariffs have created so much chaos
Gillibrand introduced the bill alongside Vermont Democrat Peter Welch. According to Gillibrand, the new 50% tariffs on Canada are projected to cost businesses and households across the U.S. up to $10 billion annually.