Computer & Communication Industry Association

Washington – The House Ways & Means Committee marked up and passed several trade-related bills today, including legislation on the reauthorization and reform of the Generalized System of Preferences (GSP) program and a bill that would eliminate de minimis benefits for a broad set of imports. Specifically the committee passed H.R. 7986—“Generalized System Preferences Reform Act”—which would reauthorize the GSP program that offers developing countries the ability to export to the United States without duties on thousands of products that they would otherwise have been subjected ...