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118-hr-8912Committee
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Securing America’s Titanium Manufacturing Act of 2024

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Summary

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This bill temporarily suspends import duties on titanium sponge for seven years (through December 31, 2031), allowing duty-free entry except from Belarus, Cuba, North Korea, and Russia. The President is required to assess annually whether U.S. titanium sponge production meets national security needs and may terminate the duty suspension or increase duties based on market conditions and domestic production levels. The bill aims to support domestic titanium manufacturing by reducing input costs while preserving the ability to protect the industry if domestic capacity becomes sufficient.

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Bill details

Congress
118
Bill type
hr
Introduced
June 28, 2024
Sponsor
Not yet available
Last action
December 17, 2024— Referred to the Subcommittee on Trade.

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