Bill to Eliminate Tariff on Basketballs Reintroduced
Rep. Brett Guthrie, R-Ky., reintroduced a bill May 25 to permanently remove the 4.8% tariff on imported basketballs. Russell Brands of Bowling Green, Kentucky, has gotten leather basketballs repeatedly covered by the Miscellaneous Tariff Bill, saving about $50,000 in tariffs,…
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but the MTB frequently expires and has a gap before it is retroactively renewed.