India and Turkey Removed from GSP

India and Turkey Removed from GSP

Two of the largest beneficiaries—India and Turkey—of the Generalized System of Preferences (GSP) will be removed from the program, according to an announcement from the U.S. Trade Representative (USTR). India will be cut from the program because it is not providing “equitable and reasonable access to its markets in numerous sectors.” Turkey is being removed…

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Section 301 Tariff Increase Delayed

Section 301 Tariff Increase Delayed

President Trump has announced that the Section 301 tariff increase will be postponed again. This is due to "substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues." The tariffs were scheduled to increase from 10 percent to 25 percent…

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