It's already been a busy year for trade policy, with the United States-Mexico-Canada Agreement (USMCA) and the China 301 Tariffs dominating discussions.
As we inch closer to the Fall, there’s going to be little time to pause and reflect, however. Instead, we must turn our attention to the renewal of the Generalized System of Preferences (GSP) and passage of the Miscellaneous Tariff Bill (MTB) – with both program deadlines on December 31, 2020.
NACD’s Toxic Substances Control Act (TSCA) Regulatory Workshop is now in its third year and is going virtual for the first time! The workshop will be held August 11-13, 2020 — the week before our annual ChemEdge trade show and conference. Here are a few of the topics we'll be highlighting to give distributors up-to-date information on the implementation of changes to TSCA.
A renewed focus on small business is a welcome addition to the recently agreed-upon United States-Mexico-Canada Agreement (USMCA), particularly given that so many of our members fall into this category. The new trade deal not only recognizes their importance to our economy, but also looks to support and encourage future growth by requiring each country to carefully consider the potential effects of future rules and regulations on how they operate.
As a part of the amended Toxic Substances Control Act (TSCA), the U.S. Environmental Protection Agency (EPA) has the authority to charge fees to chemical manufacturers and importers for the risk evaluations of chemicals in commerce. In late 2019, EPA designated as final 20 high-priority chemicals which now move directly into the risk evaluation process.
Beginning October 11, 2019, importers can submit a petition to the International Trade Commission (ITC) to reduce or suspend the duties of imported materials for three years. The 2019 Miscellaneous Tariff Bill (MTB) petition cycle is intended to reduce or remove duties on goods where no U.S.-made equivalent is available. The opportunity to submit a petition is open until December 10, 2019, after which it will close for three more years.
The U.S. Environmental Protection Agency (EPA) recently published the final rule on TSCA User Fees and officially began collecting the new fees for TSCA activities on October 1. NACD has been closely involved in the development of the rule. We submitted our initial comments in August of 2016 and then sent more extensive comments in February 2018 based on EPA’s proposed rule.
In early March, the U.S. Trade Representative (USTR) released a proposed list of 1,300 products that would be subject to an additional 25 percent tariff duty rate when imported from China. As importers of chemical products from China, many NACD members have told us about the impact the tariffs will have on them if implemented. These tariffs, commonly known as the Section 301 China tariffs, would result in an overall $50 billion price tag that will be passed directly on to the U.S. consumer in the form of higher product prices.
People often hear the word ‘chemical’ and think the worst – hazardous, dangerous, toxic. But the reality is much different. New U.S. Environmental Protection Agency (EPA) numbers demonstrate how NACD's environmental, health, safety, and security program helps association member facilities minimize their environmental impact.
Almost one year ago, the only environmental law to be enacted in the Obama administration passed with overwhelming bipartisan support. The Frank R. Lautenberg Chemical Safety for the 21st Century Act (now commonly called LCSA) was signed on June 22, 2016 and revised its predecessor, the Toxic Substances Control Act. LCSA in fact gave greater power to the Environmental Protection Agency (EPA) to act against high-risk chemicals and allowed for further manufacturer certainty when interacting with the agency.