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What is Trans-Pacific Partnership (TPP) Trade Agreement? Why do you need to know about it?

Some of you might have heard about Trans-Pacific Partnership (TPP),  the TPP is a trade agreement between several Pacific Rim countries concerning a variety of matters of economic policy. Among other things, the TPP will seek to lower trade barriers

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An Update on the Renewal of the Generalized System of Preference (GSP) and The Refund Process

On June 29, 2015, the President signed the bill that reauthorizes GSP through December 31, 2017 and makes GSP retroactive to July 31, 2013.  As provided in the Act, duty-free treatment of GSP-eligible imports will become effective 30 days after

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GSP To Be Renewed Retroactively and Other Major Trade Legislation To Be Reinstated

H.R. 1295 – the Trade Preferences Extension Act of 2015 (the “Act”) has been approved by Congress on June 25,2015 and was signed by the President on June 29,2015. The Act will renew the Generalized System of Preferences (GSP) preferential

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