House Passes Bill to Create MTB Process

On April 13, 2016, Representative Kevin Brady (Rep., Tex. 8th) introduced H.R.4923, the American Manufacturing Competitiveness Act of 2016. Also on On April 13, 2016, Senator Orrin G. Hatch (Rep., Utah) introduced S. 2794, the American Manufacturing Competitiveness Act of 2016.

While there are some differences between the bills, they are substantially the same in that they direct the The U.S. International Trade Commission to:

• conduct a process, meeting specified requirements, for the submission and consideration of petitions for duty suspensions and reductions; and
• report to Congress on the effects of duty suspensions and reductions enacted pursuant to this Act on producers, purchasers, and consumers in the United States.

On April 27, 2016, on motion to suspend the rules and pass the bill, as amended, H.R. 4923 was agreed to by the Yeas and Nays: (2/3 required): 415 - 2 (Roll no. 166). The bill now goes on to the Senate.

Clients of Agathon Associates and subscribers to Agathon Associates' Trade Advisor Service can learn more about the MTB at www.agathonassociates.com/textile-pri/mtb/index.htm. You will need to enter your username and password. If you do not know your username and password email David Trumbull at david@agathonassociates.com.