February 16, 2011 12:32 PM

Commentary: Failure to extend preferences bill hurts U.S., trade partners

If you sent or received Valentine’s Day flowers this week without having to pay a fortune, thank the Andean Trade Preferences Act. It’s the law that lifts tariffs on exports from Colombia and Ecuador, two source countries for many of the flowers sold throughout the country, particularly in South Florida. Unless Congress can get its act together, though, you’ll be paying a lot more the next time the occasion calls for flowers.

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