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U.S. notice of 2020 GSP annual review, deadline for filing petitions

U.S. notice of 2020 GSP annual review, deadline

The Office of the United States Trade Representative (USTR) today released for publication in the Federal Register a notice announcing the 2020 generalized system of preferences (GSP) annual review and the deadline for filing petitions.

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The USTR will consider petitions to:

  • Modify the GSP status of GSP beneficiary developing countries (BDCs) because of country practices
  • Add products to GSP eligibility
  • Remove products from GSP eligibility for one or more countries
  • Waive competitive need limitations (CNLs)
  • Deny de minimis waivers for eligible products
  • Redesignate currently excluded products

According to the USTR notice [PDF 378 KB], the deadline for submitting GSP review petitions is March 26, 2020. The USTR will announce the petitions accepted for review, along with a schedule for any related public hearings, and the opportunity for the public to provide comments at a later date.


Background

The GSP program provides for the duty-free treatment of designated articles when imported from 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.


For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner and Global Practice Leader
T: 312-665-1022
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
T: 267-256-2614
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Steve Brotherton
Principal and Global Export and Sanctions Leader
T: 415-963-7861
E: sbrotherton@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
T: 212-954-3094
E: labad@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Amie Ahanchian
Principal
T: 202-533-3247
E: aahanchian@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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