This bill would automatically exclude China from beneficiary status under the Generalized System of Preferences (GSP), a trade program that grants preferential tariff treatment to developing countries. Currently, China can be considered for GSP benefits if it meets certain criteria, but this legislation would remove that possibility entirely by adding China to the list of countries automatically barred from the program. The bill affects U.S. trade policy and would eliminate any tariff advantages China might receive through this particular trade mechanism. No specific funding is authorized or required by the bill, as it is primarily a policy change to existing trade law. The legislation was introduced in April 2024 and referred to the House Committee on Ways and Means for consideration.
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