New Process to Deliver Tariff Relief to U.S. Businesses Announced
On October 14, 2016, the House Ways and Means Chairman Kevin Brady (R-TX), Ranking Member Sander Levin (D-MI), Trade Subcommittee Chairman Dave Reichert (R-WA), and Subcommittee Ranking Member Charles B. Rangel (D-NY) invited American businesses to apply for temporary duty suspensions and reductions at the U.S. International Trade Commission (ITC).
In a letter to their Congressional colleagues, the Ways and Means Members outlined specifically how American businesses and manufacturers who have had to pay expensive tariffs for certain products not made in the United States can now benefit from the new process established by the American Manufacturing Competitiveness Act (AMCA) of 2016.
“Starting today, American businesses have until December 12, 2016, to file petitions at the ITC for a temporary duty suspension or reduction. Filing a petition at the ITC is the only way to pursue eligibility for this relief,” the Members wrote.
American businesses that want to apply for this relief should visit https://www.usitc.gov/mtbinfo.htm.
CLICK HERE for more information on the American Manufacturing Competitiveness Act (AMCA) of 2016.
*From the office of congressman Dave Reichert