Industry groups want GSP renewal

North America

Thursday, February 07, 2013

A group of 138 U.S. companies and trade associations wants Congress to immediately renew the Generalized System of Preferences (GSP) program. GSP saves U.S. importers hundreds of millions of dollars by eliminating tariffs on products from about 130 developing countries. However, GSP is set to expire at the end of July and American companies would face $2 million per day in new taxes if Congress fails to renew GSP by Aug. 1, warned the Coalition for GSP. “GSP is a criti...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.