For release by: The Office of the United States Trade Representative:
OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE
The United States Trade Representative (“USTR”) announced yesterday that the United States will terminate India and Turkey’s designation as beneficiary developing countries under the Generalized System of Preferences (“GSP”). The USTR’s press release to this effect is available here:
The revocation will not take effect for at least 60 days. The USTR must first officially provide Congress and the Governments of India and Turkey with 60-daya notice of the change. After the 60 day period expires, the President will then enact the change by Presidential Proclamation.
