President Signs Miscellaneous Tariff Bill
President Trump signed the Miscellaneous Tariff Bill (MTB) on September 13, 2018. The tariff rate reductions on nearly 1,700 items will take effect on October 13, which is 30 days after enactment. The MTB will expire December 31, 2020.
The reductions only affect the Most Favored Nation (MFN) rate and not Section 301 tariffs. Therefore, Section 301 tariffs will still apply to certain goods from China that are eligible for the MTB reductions unless a product-specific exclusion has been applied for and approved.
According to an ITC notice, the ITC must begin accepting requests for items to be included in the MTB by October 15, 2019, almost exactly one year after this bill takes effect.
A list of products currently eligible for MTB tariff reductions can be found here.
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