White House completes annual GSP review

Customs

Tuesday, July 03, 2012

The Obama administration on Monday announced the outcome of its 2011 Annual Review of the Generalized System of Preferences (GSP), a 36-year-old trade preference program under which the United States provides duty-free treatment to many imports from developing countries. Based on the administration’s review of various issues and petitions related to eligibility of products under GSP, President Obama made several determinations affecting product coverage under GSP. He d...

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