Search Results: keywords:"beneficiary countries"

  • H. R. 7986 — To modify and reauthorize the Generalized System of Preferences, and for other purposes.
    💰
    Status:Introduced in House
    Words:4,258

    The Generalized System of Preferences Reform Act (H.R. 7986) seeks to modify and extend the Generalized System of Preferences (GSP) until December 31, 2030. It updates rules for determining beneficiary countries, including considerations for human rights and economic...

    Simple Explanation

    The Generalized System of Preferences Reform Act is like a plan to help countries sell certain goods to the U.S. without charging extra money. It changes some rules for picking which countries get help and wants people to follow new rules so everything is fair and good for everyone.

  • H. R. 8010 — To modify designations of beneficiary countries under the Generalized System of Preferences.
    Status:Introduced in House
    Words:325

    H. R. 8010, titled "Preserving America’s Interests and Security in Trade Act," seeks to revise the criteria for designating beneficiary countries under the Generalized System of Preferences (GSP). The bill proposes amendments to the Trade Act of 1974, adding new...

    Simple Explanation

    The bill is like a rulebook that helps the United States decide which countries get special trading privileges. It wants to make sure these countries are not doing things that could potentially harm America's safety or important friendships.