Bill is in response to president’s latest push to impose tariffs, but it’s likely to stall in Republican-majority Senate
A new Democrat-led bill seeks to exempt small businesses from Donald Trump’s latest round of tariffs, as small business owners continue to reel from the impacts of the battle over the president’s signature economic policy.
Introduced by the senator Ed Markey of Massachusetts, the bill, known as the “Small Business Liberation 2.0 Act”, would exempt goods imported by or for the use of small businesses from new tariffs, which Donald Trump enacted on 20 February, immediately after the US supreme court’s ruling invalidating his “liberation day” tariffs.