Bill Would Tie Foreign IP Protection To US Tariff Breaks

Law360, New York (September 23, 2013, 3:49 PM EDT) -- Rep. Lee Terry, R-Neb., introduced a bill on Friday that seeks to block countries that limit access of U.S. exports to their markets or that have inadequate intellectual property protections from benefiting from a U.S. trade preference program.

The Playing Fair on Trade and Innovation Act would prevent the executive branch from permitting certain countries to benefit under the Generalized System of Preferences program, which allowed developing countries duty-free access to the U.S. market for thousands of products.

The legal authorization for the GSP expired at...
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