Sen. Warren: GSP must be paired with TAA -- sans retroactive benefits

Lawmakers must renew Trade Adjustment Assistance as part of any deal to reauthorize the Generalized System of Preferences and should not provide retroactive benefits to importers once GSP is restored, Sen. Elizabeth Warren (D-MA) said on Wednesday. Warren said she also wants to see GSP used to provide market-access benefits for U.S. exporters. Speaking during a Senate Finance Committee hearing on GSP, the African Growth and Opportunity Act and other preference programs, Warren decried a proposal by Republican House lawmakers...