Renewal
of the Generalized System of Preferences (GSP) program for three years is what
the Trump administration wants, according to a White House official. GSP
expired at the end of 2017. Under GSP, duties are waived on thousands of goods
from developing countries.
"The
administration supports a three-year reauthorization of GSP and hopes to get it
done early this year," the official said. The administration announced
several actions under GSP late in the year but Congress left Washington before
acting to extend the program.