NFTC and Coalition Urge Congress to Renew GSP
Congress should immediately renew the Generalized System of Preferences (GSP) program, according to a letter sent to members by the National Foreign Trade Council and 137 other companies and associations. It said the GSP program saves American importers hundreds of…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
millions of dollars by eliminating tariffs on imports from about 130 developing countries, but it's scheduled to expire at the end of July. "GSP is a critically important program that helps U.S. companies of all sizes, but particularly small- and medium-sized businesses, access low-cost inputs they need to manufacture a wide range of exports," said NFTC Vice President-Regional Trade Initiatives Chuck Dittrich. The Coalition for GSP released its 2013 GSP Supporter List Feb. 5 (here).