Securing America’s Titanium Manufacturing Act of 2024

S 4015, the Securing America’s Titanium Manufacturing Act of 2024, temporarily suspends import duties on titanium sponge (HS code 8108.20.00) for most countries from 30 days after enactment through December 2031, or earlier if the President terminates the policy. This directly affects U.S. importers of titanium sponge and aims to boost domestic production to meet national security needs. The bill requires the President to review U.S. titanium sponge production every three years, with a 60-day stakeholder comment period, and to end duty-free status if domestic production is deemed sufficient. Exceptions maintain existing import taxes for titanium sponge from Belarus, Cuba, North Korea, and Russia throughout the suspension period.