The Senate cleared legislation on Thursday that would eliminate duties on imported raw materials used for production that aren’t readily available in the United States.
The Miscellaneous Tariff Bill Act, which passed the House in January, was approved by a voice vote as the chamber wrapped up its work for the week.
Because the Senate amended the legislation, it will need to bounce back to and be passed again by the House — which left town on Thursday until September — before it can head to President Trump's desk.
“This legislation will help American companies compete across the globe and create economic benefits for consumers by reducing trade barriers for American manufacturers that need products that are difficult to obtain in the United States,” Sen. Orrin Hatch (R-Utah), the chairman of the Finance Committee, said in a statement.
More at: http://thehill.com/homenews/senate/3...ff-relief-bill
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