Sens. Aim For Trade Preference Reform Within Months

Law360, New York (March 9, 2010, 1:12 PM EST) -- The leaders of the Senate Finance Committee said Tuesday that they hope to introduce a bill by the end of June to reform U.S. trade preference programs for developing countries by simplifying the way the programs operate and placing more requirements on countries that benefit from them.

Sens. Max Baucus, D-Mont., and Charles Grassley, R-Iowa, outlined their plans for the programs at a hearing that also featured suggestions for reform measures from representatives of the Democratic Leadership Council and the AFL-CIO.

Grassley laid out a timetable...
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