House Urged To Reinstate Broad Duty Suspensions

Law360, New York (May 10, 2010, 5:37 PM EDT) -- Ford Motor Co., 3M Co., Sony Corp., Nike Inc., Target Corp., and more than 100 other companies and business associations are urging U.S. House of Representatives leaders to pass a trade bill that would reinstate hundreds of individual duty suspensions on products and inputs not available in the U.S.

In a letter dated May 5, the companies and groups urged federal lawmakers to pass the Miscellaneous Tariff Bill, saying further delays would “only exacerbate our economic situation” and cost U.S. jobs.

The MTB, if passed, would...
To view the full article, register now.