ITC Rejects 805 MTB Petitions, Accepts 2,632, Invites Comments on Rejected Items
The International Trade Commission is recommending that 2,632 petitions be included in a Miscellaneous Tariff Bill, and 805 petitions be rejected. Another 42 petitions were ineligible for a decision, either because they were incomplete, or because of the company that…
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submitted them. The vast majority of products that will receive tariff reductions, if Congress passes the MTB, are chemicals, though more than 700 categories of machinery or tools are also covered; some consumer goods, such as shoes, coats, hats and belts, are also covered. Those goods, along with textiles for a U.S.-based mill, accounted for more than 500 petitions. The ITC has sent the preliminary report to Congress, it announced June 9. It's soliciting comments on the 805 rejections, starting June 12 at 8:45 a.m. and ending June 22 at 5:15 p.m., through an online portal.