Trade Cases
May 25, 2016
Passage of New Bill Potentially Gives Manufacturers Relief from Tariffs
Written by Sandy Williams
The American Manufacturing and Competitiveness Act of 2016 was passed by Congress and signed into law on May 20, 2016. The bill H.R. 4923 creates a transparent process for businesses to request duty suspensions and reductions on imported products for which there is no, or insufficient, domestic availability.
The bill calls for regular updates to the Harmonized Tariff Schedule to suspend or reduce duties on goods that affect the competitiveness of American manufacturers.
