To establish a Tariff Response and Damages to Exports fund, and for other purposes.

This bill proposes the creation of the Tariff Response And Damages to Exports (TRADE) Fund within the Treasury, designed to support agricultural producers facing economic hardship due to international trade issues. The President would have the authority to deposit revenues from duties imposed on certain imported agricultural articles into this fund, making these amounts available to the Secretary of Agriculture without further appropriation. The Secretary of Agriculture would utilize the TRADE Fund to issue direct payments to agricultural producers who have been negatively affected by factors such as export competition, reduced access to foreign markets, or other trade-related disruptions. These disruptions include losses from decreased exports, the imposition of foreign tariffs or non-tariff barriers, and increases in the costs of essential production goods. The bill mandates annual reporting to Congress on fund transfers, economic impacts, and assistance provided, with all authorities under this section set to terminate on September 30, 2030 .