Category: USA

House Ways & Means Committee to hold GSP hearing next week

Written on September 14, 2023 in USA

Yesterday, the House Ways & Means Trade Subcommittee announced it will hold a hearing next Wednesday (9/20) on “Reforming the Generalized System of Preferences to Safeguard U.S. Supply Chains and Combat China.” There is significant congressional interest in renewing and updating GSP before the end of the year, especially as it relat...

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66 House Members support GSP renewal, including “smart changes to make GSP countries more viable alternatives to China”

Written on July 12, 2023 in USA

On July 12, 66 Members of the House of Representatives sent a letter to House Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA) supporting efforts to renew the Generalized System of Preferences (GSP) as a way to “help facilitate supply chain shifts out of China.” GSP, which provides duty-free treatment...

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