7 July 2017
Preliminary MTB Report Lists Broad Range of Products for Duty Suspensions or Reductions
The U.S. International Trade Commission has submitted to Congress its preliminary report on the petitions for duty suspensions and reductions that have been filed with the USITC under the revamped miscellaneous trade bill process. The report lists more than 2,500 petitions covering products in the following categories: chemicals (58.1 percent of petitions filed); textiles, apparel and footwear (18.1 percent); machinery and equipment (18.0 percent); agriculture and fisheries (1.4 percent); and other (4.4 percent). It is worth highlighting that many of these products are of potential interest to Hong Kong and mainland Chinese exporters.
The petitions filed with the USITC are characterised as follows.
- meets the statutory requirements for inclusion in an MTB without modification (category I, 149 petitions)
- meets the statutory requirements with specified technical changes (category II, 1,203 petitions), adjustments in the amount of duty suspension or reduction (category III, 363 petitions) or modifications in product scope (category IV, 1 petition)
- does not contain the required information or was not filed by a likely beneficiary (category V, 54 petitions)
- not recommended for inclusion in an MTB because the product description could not be administered or was indiscernible, a domestic producer objected, or the estimated duty revenue loss was more than US$500,000 per year (category VI, 764 petitions)
The USITC’s final report to Congress is expected in August. Congress will make the final decision regarding those imported articles that will be included in a final MTB.