Logo courtesy of CropLife America
CropLife America (CLA) applauds the introduction of the Miscellaneous Tariff Bill (MTB) sponsored by House Ways and Means Trade Subcommittee Chair Rep. Adrian Smith (R-NE-03).
The bill supports manufacturers, farmers, consumers and communities by reducing or eliminating tariffs, on a temporary basis, on products not 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 should and can be invested in job creation and innovation, CropLife America said in a statement.
“CLA is appreciative of Representative Smith’s leadership in this first step to re-establish an MTB process that is fully retroactive,” said CLA President and CEO Alexandra Dunn. “This allows for investments to support research and development of the important innovations and technology farmers need to grow the world’s food, fiber and fuel, and other pesticide professionals need to keep our communities safe from pests and disease. We continue to work with other stakeholders to support the passage of a fully retroactive MTB that will benefit our members, U.S. farmers and consumers.”
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