President Trump Signs the Omnibus Bill

President Trump has just signed the Omnibus bill, which passed through the House and Senate earlier today. As a result, the Generalized System of Preferences (GSP) will be renewed and all applicable stakeholders will receive retroactive benefits within the next 90 days.

Earlier today the President expressed his concerns over signing the bill and heavily weighed the option of vetoing it. Though President Trump has made it clear he is not fully pleased with all facets of the bill, he passed it, citing the positive effect it would have on our military and national security as his main reason for signing.