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Customs & Logistics

Customs & Logistics News Story

Pertains to U.S.
Published in November 16, 2017 issue

NCBFAA Submits Letter Urging Senate Finance and House Ways and Means to Renew GSP

The National Customs Brokers & Forwarders Association of America (NCBFAA) in a letter dated November 6 to the Senate Finance and House Ways and Means committees, urged renewal of the General System of Preferences (GSP) program. Per the letter, “If GSP renewal does not occur before January 1, companies will face an estimated $75 million in duties on imports from GSP countries each and every month until the program is renewed”.

This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient.  Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited.  The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2017 Trans American Companies.

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