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GSP Eligibility Revoked for Many Goods

GSP Eligibility Revoked for Many Goods

On October 30, 2018, the President issued Proclamation 9813, to take effect on November 1, 2018, after reviewing the US Trade Commission’s report of the Generalized System of Preferences (GSP) for 2017 and 2018.

The proclamation removes approximately 90 tariffs from the duty-free provisions of the GSP. Most notable is the removal of handloom and agricultural articles. While there are over 50 articles from India on the list, articles from Argentina, Brazil, Thailand, Suriname, Pakistan, Turkey, the Philippines, Ecuador, and Indonesia have been removed as well.

In addition, the proclamation denied certain “De minimis” waivers based on the determination that some beneficiary developing countries exported in excess of the competitive need limitations.

 

 

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