He also led the Creating Access to Necessary American-Canadian Duty Adjustments (CANADA) Act, legislation that would exempt United States-owned small businesses from tariffs imposed on Canada under IEEPA authorities.
Lead the CANADA Act to exempt United States-owned small businesses from tariffs imposed on Canada under IEEPA authorities.
Occurrences
The Senator also led the Creating Access to Necessary American-Canadian Duty Adjustments (CANADA) Act, legislation that would exempt United States-owned small businesses from tariffs imposed on Canada under IEEPA authorities.
Evidence
legacy_unverified · Source version not recorded · locator unknown
Sponsor: Sen. Welch, Peter [D-VT]. Latest Action: Senate - 07/22/2025 Read twice and referred to the Committee on Finance. This bill has the status Introduced.
legacy_unverified · Source version not recorded · locator unknown
Senator Welch asked unanimous consent to proceed to S. 2383-creating access to necessary American-Canadian Duty Adjustments Act. Senator Crapo objected.
Assessments
Welch did lead the CANADA Act in the federal context by sponsoring S.2383 in the 119th Congress and making a same-term floor attempt to advance it by unanimous consent. However, the bill remains only introduced and referred to Senate Finance, and the unanimous-consent request was blocked, so the promised tariff exemption for U.S.-owned small businesses has not been enacted or otherwise delivered.