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Trump signs Miscellaneous Tariff Bill

September 13, 2018 at 5:58 PM
The president on Thursday signed a new Miscellaneous Tariff Bill into law. MTBs temporarily reduce or suspend duties on certain U.S. imports based on petitions the U.S. International Trade Commission received from companies under the 2016 American Manufacturing Competitiveness Act. The last MTB expired in 2012. National Association of Manufacturers President and CEO Jay Timmons said Trump, in signing the bill, “freed manufacturers and other businesses from a pointless $1 million a day tax. Now that the MTB is law,...

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