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Congress Should Prioritize a 2020 Miscellaneous Tariff Bill

Heritage 2020.11.23
Congress regularly considers miscellaneous tariff bills (MTBs) to temporarily suspend or reduce tariffs on imported products with zero, or insufficient, domestic availability. Most recently, Congress approved the Miscellaneous Tariff Bill Act of 2018, which is estimated to save Americans more than $1 billion in taxes between October 2018 and the end of 2020. The suspended tariffs under this act expire on December 31, 2020, as does the process for reviewing future petitions for the elimination of these kinds of tariffs. Without a new MTB, American families and businesses will pay millions more in tariffs on goods that have to be imported. Congress should act quickly during this lame duck session to consider a 2020 MTB and codify the MTB petition review process.

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