Almost 200 Organizations Unite to Press Congress to Quickly Move MTBs
More than 190 organizations representing several sectors sent a letter to all members of Congress Dec. 6, pushing for quick advancement of miscellaneous tariff bills that have been pending in Senate and House committees since their Nov. 9 introduction (see…
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1711090039). Since the last MTB expired at the end of 2012, businesses have paid “billions of dollars” in tariffs on products not made in the U.S., hurting good-paying jobs and U.S. competitiveness, the letter says. Citing analysis by the National Association of Manufacturers, the organizations said the pending MTBs would cut tariffs by more than $1.1 billion over the next three years and boost U.S. manufacturing output by more than $3.1 billion. “Our organizations strongly support passage of the Miscellaneous Tariff Bill Act of 2017, which would bolster manufacturers and other businesses in the United States, especially small- and medium-sized manufacturers, in industries ranging from chemicals, agriculture, textiles and footwear to electrical equipment, machinery and sporting equipment,” the letter says. The House Ways and Means and Senate Finance committees didn’t comment.