GSP and TAA

USTR threatens to revoke Turkey's GSP eligibility

The Office of the U.S. Trade Representative has launched a Generalized System of Preferences eligibility review for Turkey because of its $1.78 billion in retaliatory tariffs. “The Trump Administration has concerns with Turkey’s compliance with GSP’s market access criterion,” said Deputy U.S. Trade Representative Jeffrey Gerrish in an Aug. 3 statement . “We hope that Turkey will work with us to address the concerns that led to this new review of their duty-free access to the United States." GSP is...

GSP renewed for three years via Omnibus

As part of the Omnibus funding bill signed by President Trump last Thursday, the Generalized System of Trade Preferences has been renewed for three years and applied retroactively back through Jan. 1 when it expired. The trade preferences program for developing countries enjoys overwhelming bipartisan support in both chambers of Congress and its renewal was a priority for retail and apparel groups. A bill renewing was passed 400-2 by the House in February, but never taken up in the Senate...

House votes overwhelmingly for GSP renewal

The House of Representatives voted 400-2 to renew the Generalized System of Preferences for three years and retroactively apply the tariff cuts to duties collected since it lapsed at the end of December. GSP renewal – in addition to the Miscellaneous Tariff Bill passed by the House last year – now awaits action in the Senate, where it is expected to pass with bipartisan support. The the timing of a vote remains unclear, however. This week, the American Apparel and...

House set to introduce GSP renewal Thursday, vote next week

Editor's note: This story was updated after initial publication to reflect the introduction of the bill and to include quotes from lawmakers. A bill to renew the Generalized System of Preferences that was introduced in the House on Thursday will be moved to a vote under suspension of the rules next week, multiple sources tell Inside U.S. Trade . The trade preferences program – which cuts tariffs on a slew of products for qualifying developing countries – expired at...

Trump partially suspends Ukraine from GSP, reinstates Argentina

President Trump last week suspended duty-free treatment for certain articles from Ukraine under the Generalized System of Preferences because of its failure to meet some of the program’s intellectual property protection requirements. The president also ordered that Argentina be partially reinstated to the GSP on Jan. 1 and restored Gambia and Swaziland’s eligibility under the African Growth and Opportunity Act. Trump issued a 120-day notice to Ukraine announcing the suspension of some GSP benefits because “a viable path to remedy...

Congress departs without renewing GSP or passing MTB

Congress finished its work in 2017 without renewing the Generalized System of Preferences program or passing a Miscellaneous Tariff Bill largely because there was not enough time to move either, multiple sources told Inside U.S. Trade . Those sources say Congress is likely to quickly renew GSP in the new year as soon as an appropriate legislative vehicle to do so becomes available. In November, the leaders of the Senate Finance and House Ways & Means committees introduced miscellaneous tariff...

AGOA, GSP beneficiaries laud programs in comments on trade agreements

Beneficiaries of the African Growth and Opportunity Act and the U.S.' Generalized System of Preferences commended the preference-granting programs as mutually beneficial in comments submitted to the Office of the U.S. Trade Representative as part of its review of existing trade agreements. President Trump, in an April 29 executive order, called for USTR and the Commerce Department to review existing trade agreements and submit a report to the White House on violations and abuses of those agreements. As part of...

Trump grants full GSP benefits to travel goods; USTR launches review of Bolivia

Fulfilling the demands of travel goods importers and sellers -- as well as members of Congress from both sides of the aisle -- President Trump on June 29 granted full duty-free benefits to all Generalized System of Preferences countries for certain travel goods. The Office of the U.S. Trade Representative also kicked off a review of Bolivia’s compliance with GSP requirements. That review will focus on Bolivia’s implementation of commitments to eliminate forms of child labor and afford workers internationally...

Lighthizer strongly suggests travel goods will soon be given full GSP status

U.S. Trade Representative Robert Lighthizer hinted today that the Trump administration is likely to provide duty-free access to the U.S. for all eligible travel goods in the Generalized System of Preferences, from all GSP countries, after the Obama administration deferred the decision to the Trump White House. During a June 22 House Ways & Means Committee hearing, Lighthizer discussed the issue with Rep. Adrian Smith (R-NE), an outspoken supporter of providing GSP benefits to all countries that are part of...

House bill would allow petitions for footwear coverage in GSP

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