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$20 Billion Tariff Relief for Small US Manufacturers; Blocks Argentina Aid.

This bill redirects potential foreign aid funds by prohibiting the use of the Exchange Stabilization Fund for financial support to Argentina. Instead, it establishes a relief program worth at least $20 billion to directly compensate small and medium-sized US manufacturers. This compensation covers financial harm caused by US tariffs on imported materials used in their production processes.
Key points
Prohibits the Treasury Secretary from using the Exchange Stabilization Fund to provide financial support to Argentina.
Creates a minimum $20 billion financial relief program for small and medium US manufacturers affected by import tariffs (2025-2029).
Eligibility requires manufacturers to employ fewer than 500 people and source at least 50% of their steel or aluminum domestically.
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Status: Introduced
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Additional Information
Print number: 119_HR_5984
Sponsor: Rep. Stevens, Haley M. [D-MI-11]
Process start date: 2025-11-07