While Congress tries to figure out next steps for the GSP renewal legislation passed by the Senate Finance and House Ways and Means Committees last week, five new companies have joined the group of American organizations urging Congress to renew the program. In total, there are now 696 companies and associations publicly supporting GSP renewal....
Continue readingIn this morning’s House Ways and Means mark up of the trade preferences bill, Representative Charles Boustany (R-LA) spoke about the importance of renewing GSP for companies in the United States, Louisiana, and his 3rd District. In particular, he highlighted the impacts of expiration on K2 Coolers in New Iberia (clip below). K2 Coolers is...
Continue readingIt’s been a good 18 or so hours. Early last night, the Senate Finance Committee approved legislation that would renew GSP, along with special preferences for African countries and Haiti. The version approved by the Finance Committee contained several amendments to the original bill, including one that would make travel goods (e.g., luggage, b...
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