Yesterday, Democrats in the House of Representatives introduced its China competitiveness package, the “America COMPETES Act” (H.R.4251). The text is available here. House Democrats hope to pass the bill as soon as next week so they can enter conference negotiations with the Senate, which passed its bipartisan version of a competitive p...
Continue readingWashington (December 10, 2021)– 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 and provide additional guidance for the Administration as it conducts country- and product-specific reviews ...
Continue readingBased on an analysis of new U.S. Census Bureau data released yesterday, expiration of the Generalized System of Preferences (GSP) program cost American companies at least $110 million in October 2021. Had congressional authorization for GSP not expired on December 31, 2020, it would’ve been the highest month of tariffs eliminated in the histo...
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