date:Jul 26, 2022
US President Biden has signed the Formula Act into law after passing the US Congress and Senate, suspending tariffs on imported infant formulas and making them more affordable for consumers.
It speaks to Congresswoman Susan DelBene, a champion of the bill and Kendal Nutricare, on how industry and consumers will be affected by the new legislation.
The Formula Act has amended the Harmonized Tariff Schedule, chapter 99, subchapter III, to allow infant formula to be imported duty-free until Decemb