Yesterday, USTR General Counsel Tim Reif testified before the House Ways and Means Committee about the importance of U.S. trade preference programs. At the end of the year two programs, the Generalized System of Preferences (GSP) and the Andean Trade Preference Act, are coming up for renewal and Reif stressed how all U.S. preference programs can promote development, economic growth and poverty reduction in countries benefiting from the programs, and in turn provide a stronger global trading system by expanding opportunities for American workers, farmers, ranchers and businesses - including small and medium sized companies.
To review Reif's testimony, please click here.
