Cos. Warn Against Ending Duty-Free Status For India, Turkey
Law360 (April 4, 2019, 9:34 PM EDT) -- A coalition of companies on Thursday urged top U.S. lawmakers to ask the White House to delay plans for removing India and Turkey from a program that allows duty-free access to the U.S. market, arguing that the move would hurt American businesses and workers.
Under the Generalized System of Preferences, or GSP, the U.S. accepts certain imports from developing countries duty-free, provided those countries meet certain criteria, such as giving U.S. companies reasonable access to their own markets.
President Donald Trump's administration said early last month that it had determined India and Turkey no longer qualify for preferential trade treatment. But...
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