USTR announces GSP product review results

USTR announcement of 2016/2017 review

The Office of the U.S. Trade Representative today announced the outcome of an annual product review under the Generalized System of Preferences (GSP) program.

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Read the GSP product review results on the USTR website.

According to today’s USTR release, the GSP annual review includes the launch of a self-initiated country practice review of Bolivia’s compliance with the GSP eligibility criteria related to child labor and changes to the list of products eligible for GSP treatment.

The USTR announcement on GSP states that there will be efforts to:  

  • Launch a self-initiated review of Bolivia’s compliance with the GSP eligibility criteria related to child labor, the first such self-initiation of a review in this century
  • Remove certain products from the GSP program where the country is sufficiently competitive and no longer needs tariff preferences to compete in the U.S. market
  • Add certain travel goods to the list of eligible products for all GSP countries where there is currently minimal U.S. production of these products
  • Add several non-import sensitive products to GSP, all of which are used as inputs in U.S. manufacturing

The full results of the GSP 2016/2017 annual review will be announced in the Federal Register.

Read a proclamation [PDF 630 KB] to modify duty-free treatment, as published in the Federal Register. 

 

For more information, contact a professional with KPMG’s Trade & Customs practice:

Douglas Zuvich | +1 (312) 665-1022 | dzuvich@kpmg.com

Andrew Siciliano | +1 (631) 425-6057 | asiciliano@kpmg.com

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