Regulations

SOCMA Decries Lack of Congressional Effort Regarding Miscellaneous Tariff Bill

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By: TOM BRANNA

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The Society of Chemical Manufacturers and Affiliates (SOCMA) recently voiced its “disappointment in the failure by Congress” to include a solution to the Miscellaneous Tariff Bill (MTB) in the Trade Facilitation and Trade Enforcement Act of 2015, HR 644. According to William E. Allmond, SOCMA vice president of government and public relations, despite rising regulatory costs, raw material prices and overseas competition, Congress decided that now isn’t a convenient time to provide duty suspens...

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