MTB Action 'Overdue,' Trade Groups and Companies Tell Congress
Congress should move fast to pass miscellaneous tariff bill process legislation, trade groups and companies said in a April 20 letter to lawmakers (here). "Action on a new MTB process is long overdue," said Walmart, DuPont, several regional customs broker…
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groups and others in the letter. "To boost the competitiveness of our industries and correct longstanding distortions in the U.S. tariff code, we strongly urge Congress to work expeditiously and jointly to pass a new MTB process that will eliminate distortions in the U.S. tariff code that undermine the competitiveness and job growth of our industries." The House is scheduled to vote on an MTB process reform bill on April 27 (see 1604210038).