Industry News

MTB Reform Legislation Enacted

May 23, 2016


May 20, 2016 – President Obama signed HR-4923, the American Manufacturing Competitiveness Act, into law. The International Trade Commission now has jurisdiction over the initial investigations into proposed miscellaneous tariff bills (MTB). Ways and Means Committee Chairman, Kevin Brady, hailed the new law as a “victory for American manufacturers, consumers, and workers.”

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