Blumenauer introduces legislation to extend, modify GSP program
House Ways & Means trade subcommittee Chairman Earl Blumenauer (D-OR) introduced legislation this week that would extend the Generalized System of Preferences program by six months and add several new criteria he says will strengthen the initiative’s efficacy. The bill , introduced on Monday, would extend the program through June 30. The program is set to expire at the end of the month. Senate Finance Committee Chairman Chuck Grassley (R-IA) introduced a bill in September that would renew the program...