GSP Bill Would Return More than $700 Million
The GSP “Refund-Only” Bill (H.R. 8906) that was introduced in the House of Representatives by Debbie Wasserman Schultz (D-FL) and Mario Diaz-Balart (R-FL) would return over $700 million in tariffs paid by American companies. The Generalized System of Preferences program that exempted about 3,400 products manufactured in 120 developing countries from tariffs expired on Dec. 31, 2020. ... Log in to view full article.
