President Signs Base Powder Tariff Change

On Oct. 10, President Joe Biden signed into law a temporary change to the 13.6% tariff plus $1.035/kg tariff on base powder that's an input to baby formula (see 2209290068). The tariffs go to zero through Dec. 31, 2022. The change is aimed at increasing domestic production of baby formula, as there are still shortages after a major domestic producer closed for months. The duty-free eligibility is limited to the first 2,600 metric tons imported.