ITC begins accepting MTB petitions

In preparation for the next miscellaneous tariff bill before Congress, the U.S. International Trade Commission has begun accepting petitions seeking temporary duty suspensions and reductions.    In preparation for the next miscellaneous tariff bill before Congress, the U.S. International Trade Commission (ITC) has begun accepting petitions seeking temporary duty suspensions and reductions in accordance with the 2016 American Manufacturing Competitiveness Act (AMCA).
   Enacted in May 2016, the AMCA allows petitioners who can demonstrate that they are likely beneficiaries of a suspension or reduction of duties to submit petitions to the ITC. The ITC must then evaluate the petitions and determine whether they meet certain statutory requirements. The nonpartisan, fact-finding agency will ultimately submit preliminary and final reports to the House Ways and Means and Senate Finance committees for their use in developing the next miscellaneous tariff bill.
   For procedures on how to file those petitions with the ITC, access the agency’s specially designed web portal.
   Petition requests must be submitted to the ITC by no later than Dec. 12. “No late filings will be accepted,” the agency said.