The United States Trade Representative (USTR) announced last Friday, October 25, 2019 that President Trump is suspending $1.3 billion in trade preferences for Thailand under the Generalized System of Preferences (GSP) based on its failure to adequately provide internationally-recognized worker…
Blog Archives
Update: U.S. China Trade War 90-Day Truce
U.S. President Donald Trump and China President Xi Jin Ping agreed not to boost tariffs on the third list of duties from 10% to 25% on January 1st. Instead, both parties have agreed to immediately negotiate on structural changes with…
Posted in China, Duty Free Treatment, trade, Trump, Trump Administration Tagged with: ace, CBP, customs, customs broker, food, import, international trade, trade, Trump
Generalized System of Preferences (GSP) Eligibility under Presidential Proclamation 9813
President Trump issued Presidential Proclamation 9813 on October 30, 2018 which implements changes to the Generalized System of Preferences (GSP) by removing the eligibility of certain goods for preferential duty treatment. Harmonized Tariff Schedule has also been updated. The Proclamation…
Posted in Duty Free Treatment, Import Changes, Presidential Proclamation 9813, Trump Administration Tagged with: GSP, import, trade, Trump
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