GSP Renewal Signed into Law The renewal of the Generalized System of Preferences (GSP) program was signed into law H.R. 1295 last week by the President which renews GSP and refunds tariffs paid on eligible imports. GSP should enter into effect again on July 29 – almost 2 years to the day since it expired. Now that the bill is law, Customs will issue specific instructions … [Read more...]