Trade Group Begins GSP Renewal Effort Ahead of Expiration

It's time for companies to "re-double their efforts to show the importance of renewing [the Generalized System of Preferences] before it expires again on December 31, 2017," said the Coalition for GSP in a blog post (here). As part of the effort, the group released reports on 2015 GSP-related imports, savings, and benefits for companies in all 50 states (here). Congress last renewed GSP in 2015 (see 1506250019), some two years after it expired.