GSP is Due to Expire July 31st

The Generalized System of Preferences (GSP) program is slated to expire on July 31, 2013. As of this writing, it appears unlikely that Congress will extend the legislation prior to the expiration date. With the upcoming Congressional summer recess, we may be facing another late renewal of GSP, albeit hopefully with retroactive status.

We recommend you visit the Renew GSP Today website. Over 230 companies joined with the GSP coalition in mid-June to send a letter to Congress urging renewal.

View information from U.S. Customs regarding GSP expiration.

We will continue to keep you apprised of the status of GSP’s renewal.