President Signs Omnibus Trade Bill

The President has just signed the $1.3 trillion Omnibus Trade Bill into law.  The Bill includes a three year GSP extension and will provide retroactive benefits for goods normally eligble for the program after it lapsed on December 31, 2017.

Additionally, the Bill funds the federal government through FY 2018 preventing another government shutdown.

Vandegrift will follow up with details regarding retroactive GSP claims.  Please contact us with any questions concerning the filing of such claims.