This Friday, October 14, 2016, marks the opening of a 60-day window for filing miscellaneous tariff bill (MTB) petitions with the U.S. International Trade Commission (ITC) through its online portal. The MTB process allows importers to seek a temporary suspension or reduction of duties of up to $500,000 per year for each eligible product. If you import products that are not produced in the U.S. (and are not in direct competition with U.S. manufactured products), this is an opportunity that must not be overlooked.
We participated in an ITC training session on using the online portal yesterday and believe companies should find it to be a relatively straight-forward process. We are assisting a number of clients prepare and/or file MTB petitions and would be happy to discuss this opportunity with you further. If you would like to do so, just let us know.