Biden Signs Legislation To Suspend Infant Formula Tariffs Amid Crisis
President Biden has signed into law legislation that is aimed to help alleviate the ongoing infant formula crisis by eliminating tariffs on safe imported baby formula.
The Formula Act was introduced by Reps. Earl Blumenauer, D-Ore., and Suzan DelBene, D-Wash. It will temporarily suspend tariffs on imported infant formula until Dec. 31.
“Suspending tariffs on …