The International Trade Industry is talking.
When will GSP Renewal pass?
According to NCBFAA, the Trade Staff states that “GSP renewal is a priority but finding a vehicle for passage continues to be a challenge. The omnibus spending package is one option, but it has been delayed numerous times with passage of short-term Continuing Resolutions (CR). The latest CR expires Feb 9, but already there is talk of extending it until March. In the meantime, trade leaders are looking for other opportunities to advance GSP renewal. Yet, nothing concrete has developed.”