NAM to Key-Vote House Passage of Miscellaneous Tariff Bill

Washington, D.C. – The National Association of Manufacturers (NAM) announced in a letter to members of the U.S. House of Representatives today that it will key-vote House passage of H.R. 4318, the Miscellaneous Tariff Bill (MTB) Act of 2017.

“The MTB corrects, on a temporary basis, distortions in the U.S. tariff code by eliminating duties on imported products for which there is no or insufficient domestic production and availability. Such distortions undermine the competitiveness of manufacturers in the United States by imposing unnecessary costs,” NAM Senior Vice President of Policy and Government Relations Aric Newhouse wrote in a letter to House members announcing the key vote.

“While Congress had effectively addressed such distortions through the enactment of MTB legislation with strong bipartisan support for three decades, Congress has not passed an MTB since the U.S. Manufacturing Enhancement Act in 2010 expired at the end of 2012. Since 2012, businesses have paid billions of dollars of tariffs on products not even made in the United States, to the detriment of good-paying American jobs and American competitiveness,” added Newhouse. “The Miscellaneous Tariff Bill of 2017 will correct this problem and improve the competitiveness of manufacturers across America, particularly small- and medium-sized manufacturers. The NAM estimates that this legislation would eliminate import tariffs of more than $1.1 billion over the next three years and boost U.S. manufacturing output by more than $3.1 billion.”

Last month, the NAM welcomed the bipartisan, bicameral introduction of this legislation and led a letter of more than 190 business organizations urging Congress to boost manufacturing by passing the MTB. Click here for testimonials from manufacturers in America on the importance of passing the MTB. 

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The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.