Industry Gears Up For Fight With Administration Over Travel Goods GSP Outcome

The travel goods industry is preparing for battle over the Obama administration's June 30 decision not to extend duty-free preferences for travel goods to all members of the Generalized System of Preferences, a move that sources say came as a surprise and runs counter to every comment the White House received on the issue. Industry sources speculated that duty-free preferences were only extended to least-developed countries (LDCs) and beneficiaries of the African Growth and Opportunity Act (AGOA), as opposed to...