ACD Calls on Congress to End GSP's Lengthy Hiatus

The next few months present the perfect opportunity for the revival of the Generalized System of Preferences (GSP) trade program – and ACD is urging Congress to finally get the decision over the line.

Since the GSP program expired on December 31, 2020, some of the world’s poorest countries have been unable to benefit from advantaged tariff rates and access to the American market. GSP was first introduced in the Trade Act of 1974 and is the largest – and oldest – U.S. trade preference program.

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