The Office of the United States Trade Representative (USTR) today released for publication in the Federal Register a notice announcing the results of the annual generalized system of preferences (GSP) review with respect to:
The GSP program provides for the duty-free treatment of designated articles when imported from beneficiary developing countries (BDCs). Each year, USTR reviews the list of products eligible for GSP benefits, and ultimately provides recommendations to the president on appropriate actions including exclusions from duty-free treatment of products from certain countries when they have reached the statutory CNL thresholds.
In the 2017/2018 annual GSP review, there were petitions to:
An October 2018 presidential proclamation implements the president’s decisions regarding the 2017/2018 annual GSP review, including CNL waivers and product redesignations. These changes were effective November 1, 2018.
Today’s USTR notice [PDF 227 KB] provides a summary of the results of the 2017/2018 annual GSP review.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
John L. McLoughlin
Luis (Lou) Abad
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