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Friday, May 24, 2024
澳门开奖直播Ag NewsCropLife America Applauds Miscellaneous Tariff Bill

CropLife America Applauds Miscellaneous Tariff Bill

CropLife America applauds the introduction of the Miscellaneous Tariff Bill sponsored by House Ways and Means Trade Subcommittee Chair, Representative Adrian Smith (R-NE).

The bill supports manufacturers, farmers, consumers, and communities by reducing or eliminating tariffs, on a temporary basis, on products that aren鈥檛 available in the U.S. The previous MTB expired in December 2020, resulting in businesses and their customers paying more than $1.5 billion in anticompetitive tariffs, equal to $1.3 million per day. That money should and can be invested in job creation and innovation.

鈥淐LA is appreciative of Representative Smith鈥檚 leadership in this first step to re-establish an MTB process that鈥檚 fully retroactive,鈥 says Alexandra Dunn, CLA president and CEO. 鈥淭his allows for investments to support research and development of the important innovations and technology farmers need to grow the world鈥檚 food, fiber, fuel, and other pesticides needed to keep our communities safe from pests and diseases.鈥

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