By Peoria Standard |
Apr 18, 2024
Washington, D.C. – The House Ways and Means Committee has made progress by advancing the Generalized System of Preferences (GSP) Reform Act, which incorporates Congressman Darin LaHood’s Digital Trade for Development Act. This legislation aims to modernize the GSP program and address digital trade barriers while countering China's economic influence in the developing world.During the Committee debate, Rep. Darin LaHood expressed his appreciation for the attention given to renewing and updating the Generalized System of Preferences. He also recognized Trade Subcommittee...