CropLife America, RISE, and 36 other agriculture organizations, signed on to an ag industry letter in support of Miscellaneous Tariff Bill (MTB) passage that was sent to leadership of the Senate Finance and House Ways and Means Committees. The MTB temporarily reduces or eliminates tariffs on products that are not available in the United States. The MTB has been expired since December 2020, which means U.S. businesses and their customers have paid over $1.5 billion in anti-competitive tariffs that should and can be invested in job creation and innovation. The lack of renewal is harming manufacturers of all domestic industries, significantly raising costs, impacting products and jobs, and is especially impacting small and medium-sized businesses as they pay more for product inputs.
 
The MTB can save agricultural chemical companies a range of $2 million to $89 million per year when enacted – savings that now turn into costs that can have a ripple effect on farmers, businesses, and consumers. A renewed MTB would mean lower input prices and decreased price pressures for U.S. farmers, ranchers, and consumers. CLA co-hosted a Hill Day  earlier this month with the National Association of Manufacturers (NAM) and the American Chemistry Council (ACC) to build a coalition of organizations that advocate on passing an MTB with urgency in the 118th Congress.

Learn more about the MTB benefits here.