Smith Votes to Help Nebraska Industries Compete Globally

Congressman Adrian Smith (R-NE) released the following statement after the House passed H.R. 4923, the American Manufacturing Competitiveness Act, to reform the Miscellaneous Tariff Bill, or MTB, process. Smith is a cosponsor of H.R. 4923.

“This bipartisan legislation, which passed unanimously out of the Ways and Means Committee last week, will help level the playing field for U.S. manufacturers,” Smith said. “Considering approximately 50 percent of the last MTB package was targeted toward agriculture products, Third District producers stand to benefit from reduced input costs. I am pleased to support this legislation and reduce trade barriers for Nebraska industries.”

The MTB temporarily suspends tariffs on imported goods needed by U.S. manufacturers for which there is no domestic production. For more information on the MTB process, click here to read Smith’s latest column, “Competing in the Global Economy.”

Smith serves on the House Ways and Means Committee.