If passed, it would be the first time that footwear has ever been included in the 42-year-old trade program, which allows duty-free access of certain approved imports into the United States from developing countries.
The American Apparel & Footwear Association (AAFA) applauded the congressman’s proposed bill.
“AAFA strongly supports this new footwear legislation as it makes small but critical changes to products that are eligible for GSP status,” said the trade association’s president and CEO, Rick Helfenbein, in a statement.
“As with a similar AAFA-supported GSP initiative, overwhelmingly enacted by Congress two years ago, this approach carefully avoids impacting products that are made in the United States,” he added. “If these footwear items are ultimately designated as GSP-eligible, companies will be able to use duty savings to support U.S. workers, to invest in product innovation, and have the ability to pass along savings to consumers.”
AAFA also urged Capitol Hill lawmakers to quickly move forward with GSP renewal legislation. The trade program, which has to be periodically reauthorized by Congress, is scheduled to expire at the end of the year.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now