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Article Date: February 2018
Word Count: 156

House Passes GSP

The 400-2 vote will extend duty free treatment until 2020 for numerous items from Less Developed Countries, including key sporting goods sources like Indonesia, Thailand and the Philippines. OIA notes that the new bill will extend GSP benefits to backpacks, duffel bags and travel goods, which it estimated would save $90 million in tariffs. GSP expired at the end of 2017, but the House Bill makes the change retroactive until the beginning of the year. It now must ... Log in to view full article.


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