Generalized Systems News Today

Industry groups praise House markup of bill renewing GSP trade program with new ag eligibility criteria, aiding U.S. dairy exports.

International Trade Comparative Guide for the jurisdiction of United States, check out our comparative guides section to compare across multiple countries

I want to wish my Filipino readers a happy Bonifacio Day. I hope that everyone will have a restful and meaningful national holiday.

Will the Trump Administration Extend the Deadline? Given the Administration’s silence on how it plans to address the expiration of the Section 301 exclusions, we believe that the exclusions will expire at the end of December 2020. Will an Incoming Biden Administration Repeal the Section 301 Duties? In the near term, we think it is unlikely that the Biden Administration will make any significant changes to the current Section 301 regime. As noted in our previous post here, President-Elect Bide...

Wednesday, December 23, 2020 While many of us anxiously await putting 2020 behind us, the start of the new year may have significant import duty implications for many U.S. companies. On December 31, two significant U.S. import duty relief programs are set to expire: the Section 301 exclusions and the Generalized Systems of Preference (“GSP”). That will cause U.S. customs duties to rise on certain products. Importers should be prepared for these changes. Section 301 Tariffs on Chin...