Generalized System of Preferences (GSP) Renewed
Generalized System of Preferences (GSP), the program that allows over 3,500 products from economically developing countries to enter the U.S. duty free, expired December 31, 2017. On March 23 President Trump signed H.R. 1625, which retroactively renewed the GSP from January 1, 2018, through December 31, 2020. Importers should continue to flag GSP-eligible imports with…
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