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Industry News

  • Turkey’s GSP Eligibility Terminated May 17, 2019 The United States has terminated Turkey’s eligibility in the Generalized System of Preferences (GSP) program, based on its economic development. GSP allows some exports from countries to enter the United States duty free. GSP is the oldest and largest U.S. trade preference program that is aimed at promoting economic development in beneficiary countries and territories. The decision to end Turkey’s preferential treatment is effective May ...
  • USTR Proposed 4th List on $300 Billion of Chinese Goods May 14, 2019 On May 14, 2019, the United States Trade Representative (USTR) released a proposed forth list of Chinese origin goods subject to an ad valorem duty up to 25 percent. The proposed modification is on products of China with an annual trade value of approximately $300 billion. The request for comments and notice of public hearing action from the USTR listed the following important dates: June 10, 2019—Due ...
  • Section 301 List 3 Duty Increase Now in Effect May 10, 2019 The 25% additional duties on Section 301 List 3 Chinese origin goods exported to the United States on or after 12:01 a.m. EST May 10, 2019, is now in effect. Customs and Border Protection (CBP) has issued a message through the Cargo Systems Messaging Service (CSMS #19-000238) regarding the implementation of the tariff increase. The Section 301 duties only apply to products of China, and are ...




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