Finance Committee wades into GSP travel goods fight, ups pressure on administration

A bipartisan group of 14 senators, including eight from the Finance Committee, has fired a fresh salvo of criticism at U.S. Trade Representative Michael Froman for the Obama administration's decision to extend Generalized System of Preference benefits for travel goods only to least-developed member countries and participants in the African Growth and Opportunity Act. The June 30 decision not to extend duty-free treatment to travel goods imports from all GSP beneficiaries was “disappointing” for several reasons, Finance Committee Chairman Orrin...