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...

Continue reading

“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...

Continue reading

Clark Griswold (still) hates GSP expiration

Written on December 15, 2023 in USA

Watching National Lampoon’s Christmas Vacation is a holiday tradition for many. Sadly, writing about how much Clark Griswold would hate GSP expiration has become a bit of a tradition itself, with this being the 3rd straight year that Americans are stuck paying extra tariffs on Christmas lights due to Congress’ continued failure to renew...

Continue reading

House China Select Committee: renew GSP with changes to “accelerate supply chain shifts out of the PRC market”

Written on December 12, 2023 in USA

Today, the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, led by Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL), adopted nearly 150 policy recommendations in a bipartisan report that “outlines a strategy to fundamentally reset the United St...

Continue reading

Coalition for GSP Applauds Introduction of Bipartisan “CNL Update Act of 2023” by Reps. Blake Moore and Suzan DelBene

Written on December 4, 2023 in USA

Washington (December 4, 2023)– The Coalition for GSP applauded the introduction of the “CNL Update Act,” bipartisan legislation to update the Generalized System of Preferences’ competitive need limitation (CNL) rules. The legislation was introduced by Representatives Blake Moore (R-UT) and Suzan DelBene (D-WA), who both serv...

Continue reading

More Members of Congress call for GSP renewal

Written on November 14, 2023 in USA

The calls to renew GSP from House members across the political spectrum continued last week with high-profile letters from a bipartisan group of 20 Florida House Members as well as the New Democrat Coalition. The Florida House Member letter to Ways & Means Chairman Jason Smith and Ranking Member Richard Neal urged GSP renewal and...

Continue reading

Nearly 100 GSP advocates press lawmakers to renew GSP in 2023

Written on October 20, 2023 in USA

On Wednesday, the Coalition for GSP hosted its biggest lobby day yet — by far — to urge Congress to renew GSP this year. Nearly 100 advocates met with 115+ House and Senate offices to share why GSP renewal is so important to their companies and industries, development, and diversifying supply chains. According to our...

Continue reading

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...

Continue reading