Thursday, October 10, 2019
12:00 PM – 1:00 PM

Many companies are looking for opportunities to reduce or eliminate duties on products they import.  In 2015, Congress passed legislation codifying a duty reduction process, known as the Miscellaneous Tariff Bill (MTB), that reduces duties assessed on more than a thousand imported raw materials and intermediate

The House of Representatives passed on January 16, 2018 a bill providing temporary duty relief on about 1,800 imported products that are not available or produced in the United States.  The Miscellaneous Tariff Bill Act of 2017 sailed through the chamber with a 402-0 vote, signaling overwhelmingly strong bipartisan support and proving there are still some things politicians can agree on.

The bill is the first product of a new process established through the American Manufacturing Competitiveness Act of 2016, which codified elements of the previous Congressional-led process. Among other things, the Act also tasked the non-partisan U.S. International Trade Commission with reviewing petitions for consistency against statutory criteria, coordinating an inter-agency
Continue Reading House Passes Unanimous Duty Suspension Bill Loading Bases for Senate Grand Slam

The House Ways and Means Trade Subcommittee held a hearing on October 25th to discuss the new Miscellaneous Tariff Bill Process – overseen by the U.S. International Trade Commission with input from other federal agencies – to reduce temporarily tariffs on products not made in the United States.  The largely non-controversial hearing was a first step toward paving the way for Congressional consideration of a bill by the end of the year to implement recommendations made by the ITC in its final MTB report issued in August.  Action on the bill in the Senate Finance Committee is anticipated next.
Continue Reading Congress Presses-On for Temporary Tariff Relief on Non-U.S. Made Goods by Year’s End