Mr. President, I rise today to introduce a bill to extend the temporary duty suspension for imports of Nylon MXD6, hexanedioic acid, polymer with 1,3-benzenedimethanamine. This product, which is not…
Mr. President, I rise today to introduce a bill to extend the temporary duty suspension for imports of Nylon MXD6, hexanedioic acid, polymer with 1,3-benzenedimethanamine. This product, which is not manufactured in the United States at this time, serves as the favored option for food packaging and other multifunction packaging due to its tough, transparent properties.
It is customary for the Congress every few years to consider relatively minor technical changes to certain trade proposals as one omnibus bill. The most recent of these bills was the Miscellaneous Trade and Technical Changes Act of 2004. For a proposal to be included in the legislation, the House Ways and Means Committee, Senate Finance Committee, and International Trade Commission all have to conclude that the proposal is noncontroversial. As one of the determining factors for a duty suspension request to be considered noncontroversial, no domestic production of the commodity may exist, or it may not be at a sufficient level to satisfy domestic demand.
As I mentioned before, Nylon MXD6 is not produced in the United States, and as a result, a temporary duty suspension was awarded to imports of Nylon MXD6 under the Miscellaneous Trade and Technical Corrections Act of 2004. However, this suspension is due to expire on December 31, 2006. While this sunset may sound far from now, no domestic production is expected to exist by then nor is it expected to exist for a few years afterwards, causing uncertainty for future production.
The current duty suspension for this import has been a key element in lowering the costs of domestic production of commodities containing Nylon MXD6. The bill I introduce today would extend the current suspension through December 31, 2008, which will provide manufacturers the certainty they need to plan for their future.
In closing, I hope my colleagues in the Senate will join with me in support of this legislation.