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M: bill reports 109 bill reports S-1954 wpd - United States - usitc

M: bill reports 109 bill reports S-1954 wpd - United States - usitc-2025

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The document is a memorandum from the United States International Trade Commission regarding proposed tariff legislation (S. 1954) aimed at amending the Harmonized Tariff Schedule to lower the local content requirement for duty-free entry of goods from U.S. insular possessions, specifically the Commonwealth of the Northern Mariana Islands (CNMI). The bill seeks to reduce the foreign content limit from 50% to 30% for certain sensitive products, including apparel and textiles, in order to enhance competitiveness against foreign suppliers. The memorandum discusses potential impacts on various industries, concerns raised by domestic manufacturers about unfair competition, and the economic implications for CNMI's garment industry.

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