The U.S. pork industry wants to see a return of the Generalized System of Preferences trade program, which expired in 2020, seeing it as key to gaining new access to markets in countries like Thailand ...

It has been over three years since Congress failed to renew the oldest U.S. trade preference program, the Generalized System of Preferences (GSP). This has proven extraordinarily costly to many ...

“We have heard from companies throughout the United States whose limited resources are now severely burdened by the added costs of paying duties and are moving their sourcing away from suppliers in ...

The Generalized System of Preferences (GSP) eliminates tariffs on more than 5,000 products from over 120 developing countries. American businesses and families save $1 billion in import taxes annually ...

Congress has a lot on its plate right now. But one of the most controversial decisions it faces is whether or not to renew the Generalized System of Preferences tariff program established in 1974.