Search Results: keywords:"duty-free imports"

  • H. R. 1625 — To extend duty-free treatment provided with respect to imports from Haiti under the Caribbean Basin Economic Recovery Act, and for other purposes.
    Status:Introduced in House
    Words:673

    H. R. 1625, also known as the "Haiti Economic Lift Program Extension Act of 2025," aims to extend duty-free treatment for certain imports from Haiti under the Caribbean Basin Economic Recovery Act until September 30, 2035. The bill modifies specific rules, including the applicable percentage...

    Simple Explanation

    H. R. 1625 is a law that wants to keep certain things that come from Haiti coming to the U.S. without needing to pay extra fees until 2035, helping Haiti's economy. It changes some rules about what can come in for free and asks for some adjustments to make sure this works smoothly.

  • H. R. 7555 — To extend the Generalized System of Preferences program.
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    Status:Introduced in House
    Words:939

    H.R. 7555 seeks to extend the Generalized System of Preferences (GSP) program, which supports economic growth in developing countries while benefiting American businesses and consumers by allowing certain goods to enter the U.S. duty-free. The bill proposes to renew the GSP through December...

    Simple Explanation

    The bill, H.R. 7555, wants to bring back a program that helps poor countries grow by letting them sell some things in the U.S. without paying extra money called tariffs. It also wants to give back the extra money companies paid since the end of 2020, helping both the poor countries and the businesses in the U.S. who rely on these deals.