The main purpose of this legislation is to eliminate a specific provision from the Tariff Act of 1930, known as Section 338. This section is considered outdated and unnecessary, and the bill aims to modernize trade laws by removing it. The key provision of this legislation is the outright repeal of Section 338 of the Tariff Act. This section previously granted certain unilateral tariff authorities, which means it allowed the government to impose tariffs without needing to negotiate with other countries.