Does GSP Generate Security and Prosperity?

Does GSP Generate Security and Prosperity for the US?
Should Congress renew it?
A look into US trade preferences

The Generalized System of Preferences (GSP) is a trade preference program designed to promote economic growth and development in the world’s poorest countries by providing preferential duty-free entry to the U.S. market for roughly 5,000 products. GSP, which provides the foundation for all U.S. trade preference programs, is set to expire in December, and Congress is currently considering its renewal. Moreover, legislation has been introduced that would potentially expand the product coverage of GSP. This panel will explore how GSP impacts U.S. stakeholders and the developing world, discuss whether the program should be expanded or updated, and consider its prospects for a seamless renewal.