Based 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...
Continue readingTomorrow, the House Ways & Means Trade Subcommittee will hold a “Hearing on Supporting U.S. Workers, Businesses, and the Environment in the Face of Unfair Chinese Trade Practices.” While not technically related, the hearing follows the November announcement that the House and Senate will “conference” China competition bi...
Continue readingOn November 19, 75 Members of the House of Representatives sent a letter to U.S. Trade Representative Katherine Tai supporting U.S.-India negotiations, including a “framework for a deal that could be implemented soon after Congress reauthorizes the GSP program.” The letter was led by House Ways and Means Committee Members Suzan DelBene ...
Continue reading