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Congress rolls back tariffs

On a voice vote and with little fanfare the House passed legislation Tuesday that would roll back tariffs on an estimated 1,660 products from China, mostly chemicals. The legislation, dubbed the Miscellaneous Tariffs Act, previously passed the Senate last month and now heads to the White House, which has not taken a public position on it. The bill’s supporters argue that the tariffs are outdated and protect few products made domestically and therefore drove up costs for the manufacturers that need them. A Reuters analysis said that the tariffs included just 145 items made in the U.S."Requiring manufacturers to pay tariffs on products that simply aren't made here runs up their manufacturing costs and puts them at a competitive disadvantage," said Rep. Kevin Brady, R-Texas, chairman of the House Ways and Means Committee.

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Washington Examiner
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