House Ways and Means Committee Introduces Bill to Reinstate GSP

Posted by Matt Schmitt on 2/12/18 5:03 PM

On February 8, 2018, the House Ways and Means Committee chairman and ranking member introduced legislation to provide for a three-year renewal of the Generalized System of Preferences (GSP) program.

The proposed legislation will allow the program to extend through December 31, 2020 and will retroactively extend benefits to covered imports made during the lapse.

 

The Ways and Means Committee press release can be found here:

https://waysandmeans.house.gov/wm-committee-members-introduce-bipartisan-bill-provide-tariff-relief-cost-savings/

Topics: GSP, Congress

Expeditors' Newsflash articles are compiled from a number of public sources that, to the best of Expeditors' knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Expeditors International of  Washington, Inc. accepts no liability or responsibility.                                                                                           

Copyright © Expeditors International of Washington, Inc.  Expeditors' Newsflash articles may not be reproduced in any form without advanced written consent of an authorized officer of the copyright holder.     

Recommended for you