On March 23, 2018, President Trump signed H.R. 1625, the Consolidated Appropriations Act, 2018 (now Public Law 115-141, the “Act”) which will fund the Federal Government through September 2018. Title V, Section 501 of the Act extends the Generalized System of Preferences (GSP) program to December 31, 2020. As in past acts extending GSP, the Act is retroactive to entries or withdrawals for consumption made after December 31, 2017 when GSP expired and before the effective date of the extension (articles entered on or after the 30th day after the date of the enactment of the Act), provided that a request for liquidation or reliquidation is filed with U.S. Customs and Border Protection not later than 180 days after the date of the enactment of this Act that contains sufficient information to enable U.S. Customs and Border Protection—
(i) to locate the entry; or
(ii) to reconstruct the entry if it cannot be located.
Any amounts owed by the United States pursuant to the liquidation or reliquidation of an entry of a covered article shall be paid, without interest, not later than 90 days after the date of the liquidation or reliquidation (as the case may be). The Act also modified the dates for competitive needs limitations and waivers. The Act extended the collection of merchandise processing fees from February 24, 2027 until July 21, 2027.