International Trade Today is a service of Warren Communications News.

Textile Manufacturers Target Quick Passage of MTB Legislation

Congress should move quickly on advancing the Miscellaneous Tariff Bill in order to ramp up U.S. manufacturing exports, said the National Council of Textile Organizations in a Nov. 12 statement. The legislation has languished on Capitol Hill since expiring at…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

the end of 2012. A Senate moratorium on earmarks has so far, at least partially, hampered progress on a new bill (see 13111328). The bill decreases production costs, making the U.S. more competitive, said NCTO. “Frankly, the failure to approve a miscellaneous tariff bill is a classic example of the legislative dysfunction that has gripped Washington in recent years,” said NCTO President Auggie Tantillo. “For decades the MTB was a non-controversial, bipartisan initiative. There is no good reason that this critical issue should remain unresolved.” President Barack Obama and likely next Senate Majority Leader Mitch McConnell, R-Ky., pledged to tackle trade in the next Congress (see 1411050056). Lawmakers should build on those commitments to push through an MTB bill, said NCTO.