The bill H. R. 8912, titled the "Securing America’s Titanium Manufacturing Act of 2024," aims to temporarily remove duties on titanium sponge imports to the United States. This duty-free period starts 30 days after the bill becomes law and lasts until December 31, 2031, or...
Simple Explanation
The bill wants to let the U.S. stop charging extra fees on a special metal called titanium sponge when bringing it in from other countries, so companies can buy it cheaper. But, they can't do this with some countries like Russia and North Korea, and the President can decide to stop this deal if it's needed to keep America safe.