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
GSP Update: India; Effective June 5, 2019
Effective June 5, 2019, India’s designation as a beneficiary developing country is terminated pursuant to Presidential Proclamation. Eligibility for duty free treatment will no longer apply. Per CBP CSMS# 19-000275: On May 31, 2019, President Trump signed a Presidential…
GSP Update: Turkey
Effective May 17, 2019, the designation of Turkey as a beneficiary developing country is terminated in accordance to Presidential Proclamation issued yesterday. If you are importing from Turkey, you will no longer be eligible for the Generalized System of Preferences…
GSP UPDATE: India and Turkey
U.S. Trade Representative Robert Lighthizer announced March 04, 2019 that President Trump intends to terminate the eligibility of India and Turkey as beneficiary developing countries under the Generalized System of Preferences (GSP) program because they no longer comply with the…
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
Update: GSP Refund Processing
U.S. Customs and Border Protection (CBP) advised that GSP refunds have been processed for entries that were flagged electronically on the entry summary. They will begin sending out the refunds now until 08/01/2018. On the latest CBP ACE bi-weekly trade…
Additional Tariffs on Chinese Goods Effective July 6; Exclusions May be Requested
The Trump administration announced June 15 a list of 818 products from China that will be subject to an additional 25 percent duty as of July 6. The administration also released a list of 284 other tariff lines – not…
Posted in ADD, Air Freight, Air Shipments, anti-dumping, anti-dumping/countervailing, CBP, China Tagged with: air freight, CBP, customs, customs broker, GSP, import, westcoast ports
Generalized System of Preferences 2018 As of April 22, 2018, customs brokers and filers were able to start filing GSP-eligible entry summaries without the payment of duties. GSP Retroactive refund: GSP-eligible formal and informal entries filed electronically via ABI indicating…
Posted in customs, gsp, international import export, Pier Pass, Uncategorized Tagged with: GSP, import, international trade, pier pass
GSP Renewal and Seafood Import Monitoring Program (SIMP) included in Omnibus Spending Bill
GSP Renewal Update President Trump signed the Omnibus Appropriations bill which passed through the House and Senate on March 23, 2018. Because of this, GSP will be back in effect by April 23rd (30 days after enactment). Importers…
Posted in free trade, Free Trade Agreements, gsp, seafood, Seafood Import Monitoring Program Tagged with: GSP, international trade, NMFS, NOAA
Update: GSP Renewal 2018
On February 8, 2018, Legislation H.R.4979 was introduced by Rep. David Reichart (R-WA-8) and 8 other congressmen to renew GSP which has expired on December 31, 2017. The House passed the legislation by 400-2 vote. The GSP legislation renewal must…
Posted in free trade, Free Trade Agreements, gsp Tagged with: Free Trade Agreement, FTA, GSP, GSP Renewal
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