…extending the impending expiration date of December 28, 2019, another 12 months. The notice states, “The focus of the evaluation will be whether, despite the first imposition of these additional duties…
As of June 5, 2019, India will no longer be eligible for Generalized System of Preferences (GSP), according to a Presidential Proclamation. The reason for its termination is that the…
As of May 17, 2019, Turkey is no longer eligible for Generalized System of Preferences (GSP), according to a Presidential Proclamation. In a separate proclamation, tariffs on Turkish steel have…
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…
…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 the special program indicator (SPI)…
…for duties paid on GSP-eligible goods and with the renewal, reinstated their sourcing from GSP countries for the duty savings. Expiration Imminent With GSP expiration less than three months away,…
…you or your 3PL should have a reminder on your calendar when the certificate’s expiration date is approaching. You’ll want to give yourself some lead time on this to ensure…
On June 29 President Obama signed H.R. 1295, which retroactively renewed the Generalized System of Preferences (GSP). Long awaited by many U.S. importers, GSP’s renewal allows nearly 5,000 products from…
…1520(d), such as GSP, African Growth & Opportunity Act (AGOA), and several other free trade agreements (see the end of this article). The good news is that pre-liquidated claims can…
…for the next few weeks as a result. Related West Coast Labor Update: Countdown to contract expiration (6.17.2014) Rich Roche is Vice President of International Transportation at Mohawk Global Logistics….
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