HomeAg 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’t 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.

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

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