The Senate cleared legislation on Thursday that would eliminate duties on imported raw materials used for production that aren’t readily available in the United States.

The Miscellaneous Tariff Bill Act, which passed the House in January , was approved by a voice vote as the chamber wrapped up its work for the week.

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Sen. Ron Wyden Ronald (Ron) Lee WydenHillicon Valley: Subpoenas for Facebook, Google and Twitter on the cards | Wray rebuffs mail-in voting conspiracies | Reps. raise mass surveillance concerns On The Money: Anxious Democrats push for vote on COVID-19 aid | Pelosi, Mnuchin ready to restart talks | Weekly jobless claims increase | Senate treads close to shutdown deadline Democratic senators ask inspector general to investigate IRS use of location tracking service MORE (D-Ore.) added that the bill was the product of a "bipartisan effort and an inter-agency process to boost the competitiveness of U.S. manufacturers around the world.”

The bill comes as Trump's broader trade policies have rankled Republicans on Capitol Hill, who worry steep tariffs on steel and aluminum imports will roil the economy months before a midterm election.

The tariff cuts included in Thursday's legislation, which initially expired roughly six years ago, are expected to save businesses millions of dollars a year while making them more globally competitive.

“This is a significant step forward for manufacturers, who, along with other businesses, are losing nearly $1 million every day until this bill becomes law," said Jay Timmons, the president and CEO of the National Association of Manufacturers (NAM).

He added that the House should "act quickly, pass the Senate version of the bill and get it to President Trump’s desk for his signature.”