Public Comment Period on Miscellaneous Tariff Bills (MTB) Opens January 10
The public comment period on Miscellaneous Tariff Bills (MTB) opens January 10. Forty MTB petitions have been filed. Through the MTB process, importers petition for the temporary reduction of tariffs on U.S. imports of certain products as long as there is no U.S. production of the product. The process ends with Congress voting on a final package of MTB provisions in fall 2020, with the temporary tariff reductions going into effect January 1, 2021 for a period of three years. The tariff reductions benefit anyone importing the same product. TGA urges companies to file comments on the petitions relevant to their products.