The Miscellaneous Tariff Bill (MTB), which cuts duties for American importers where there are no domestic suppliers has achieved Congressional approval and will shortly be presented to President Trump for passage into law. Panjiva analysis of last year’s petitions show 309 companies with 1,582 petitions were recommended for implementation by the ITC and will see duties reduced by $316 million. Another MTB round may be needed given the expansion of U.S. duties, particularly against China. The accepted petitions are led by chemicals (845 cases) and specifically organic chemicals which alon...