Ways and Means to Hold MTB Hearing Next Week
The House Ways and Means Trade Subcommittee on Oct. 25 will hold a hearing to focus on potential temporary tariff relief for imports not made in the U.S. through the miscellaneous tariff bill (MTB) process, the committee announced. The committee…
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is preparing legislation to implement MTB recommendations made by the International Trade Commission in August (see 1708080068), the committee said. “After a full, transparent investigation under the new process, the independent International Trade Commission recommends to Congress more than 1,800 petitions for inclusion in an MTB bill that will help our businesses, benefit our consumers, and grow our economy,” subcommittee Chairman Dave Reichert, R-Wash., said in a statement. “This hearing provides an opportunity for us to discuss these important benefits in advance of imminent House consideration of the MTB to deliver tariff relief to our manufacturers.” There's been some discussion of moving a Generalized System of Preferences renewal along with MTB legislation (see 1709120021).