Archive for: April 2024

GSP Coalition statement supporting the amended GSP Reform Act

Written on April 17, 2024 in USA

The Coalition for GSP strongly supports approval of the amended GSP Reform Act (HR 7986) at the House Ways and Means markup later today. This is not the final step, but an important one to advance negotiations toward a long overdue GSP renewal package. The current lapse is nearly twice as long as any other...

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“GSP Reform Act” introduced in House

Written on April 16, 2024 in USA

On April 15, House Ways and Means Trade Subcommittee Chair Adrian Smith introduced the GSP Reform Act (H.R.7986). The bill would reauthorize GSP through December 31, 2030, refund all tariffs paid since GSP expired on December 31, 2020, and make significant changes to GSP rules related to country eligibility criteria, review processes, and product e...

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