Securing America’s Titanium Manufacturing Act of 2024

This bill temporarily suspends duties on imports of titanium sponge, a raw material used in titanium manufacturing, and gives the President authority to end that suspension or raise duties based on market and national security conditions.

Sec. 2, Temporary suspension of duties on imports of titanium sponge: For a period starting 30 days after enactment and ending on December 31, 2031, or earlier if the President terminates it, imports of titanium sponge under tariff subheading 8108.20.00 enter the U.S. duty-free. However, the duty rate in effect before enactment continues to apply to imports from Belarus, Cuba, North Korea, and Russia during that period.

Sec. 3, Authority to terminate duty-free treatment based on monitoring of titanium sponge market and national security conditions: The President must determine, within 3 years of enactment and annually thereafter, whether U.S. titanium sponge production meets national security needs. Before each determination, a 60-day comment period for stakeholders is required. If the President finds production is sufficient, duty-free treatment ends one year after that determination. Separately, the President may increase duties on titanium sponge, considering factors like import increases from certain countries, changes in domestic production and employment, and national security impacts, but cannot exceed the U.S. bound rate under World Trade Organization commitments.