USTR undertaking 2019 GSP review

The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.

USTR undertaking 2019 GSP review

The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.

USTR undertaking 2019 GSP review

The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.

 

   The Office of the U.S. Trade Representative will collect comments through April 19 for its annual Generalized System of Preferences (GSP) product and country review, USTR announced Monday.
    The agency will consider petitions to modify the preferential treatment status of GSP beneficiary developing countries, add products to GSP eligibility, remove products from GSP eligibility, waive competitive need limitations (CNLs), deny de minimis waivers for eligible products and redesignate currently excluded products, USTR said.
    CNLs are import ceilings built into GSP to limit duty-free access to the U.S. to products and countries that might not otherwise be competitive.
    “De minimis waivers” are granted in relation to CNLs when the total value of imports of a specified good from all countries is below a certain ceiling. The de minimis level is adjusted in increments of $500,000 each year. The GSP de minimis level was $24 million for 2018 and is $24.5 million for 2019.

   The annual review will include separate hearings on product petitions and country eligibility reviews, which USTR will announce in the Federal Register at a later date, the agency said.
    USTR also has posted 2018 import statistics related to CNLs, de minimis waivers and product redesignations.

I think LNG is a transitional fuel. It’s not the fuel for the future.  However, it meets all the regulations that’s out there ... vessels need to operate under until 2050. It gets us through until we figure out what that next fuel is.

Iron ore shipments from U.S. Great Lakes ports totaled 6 million tons in May, up 2% year-over-year, according to the Lake Carriers’ Association.

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USTR undertaking 2019 GSP review

The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.

Mar 22, 2019 on Dec 27, 2018AmericanShipper.com

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USTR undertaking 2019 GSP review

The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.

Mar 22, 2019 on Dec 27, 2018AmericanShipper.com