This week, the Alliance for Chemical Distribution (ACD) sent a letter to President Donald J. Trump urging the Administration to support and encourage Congressional renewal of the Generalized System of Preferences (GSP) Trade Program.
In the letter, ACD President and CEO Eric R. Byer highlighted the importance of the trade program for U.S. small businesses, and the impact that its lapse has had on the chemical distribution industry.
“Many small U.S. businesses, including ACD members, rely on the lower duty costs afforded by the GSP Program to remain competitive in the marketplace and reduce their reliance on China. More importantly, the GSP Program creates U.S. jobs.”
Byer concluded, “This historically bipartisan program has languished for too long. It is time for American businesses to receive relief and prosper. ACD looks forward to working with your Administration, Congress, and other stakeholders to reinstitute this essential trade program.”
To read the full letter, click here.
The Alliance for Chemical Distribution (ACD) partners with our more than 400 chemical distribution industry members to provide the education, connection, standards, and advocacy they need to responsibly move the essential products our world depends on. As leaders in the $27B+ chemical distribution industry, ACD member companies commit to the highest standards in quality, safety, sustainability, and performance through ACD Responsible Distribution™. For more information, visit www.acd-chem.com.