Miscellaneous Tariff Bill Act passes House

MTB Act The House of Representatives just passed the Miscellaneous Tariff Bill Act which allows an amendment of the Harmonized Tariff Schedule of the United States (HTSUS) to modify temporarily certain duty rates through this bill also known as MTB or H.R. 4318. The manufacturing […]

Seychelles, Uruguay, and Venezuela removed from GSP

Seychelles, Uruguay, and Venezuela removed from GSP According to STRtrade.com, “Seychelles, Uruguay, and Venezuela will be graduated from the Generalized System of Preferences as of Jan. 1, 2017. This change was set forth in an October 2015 presidential proclamation after these three countries were determined […]

GSP Eligibility for Specified Products Being Considered by USTR

GSP Eligibility for Specified Products Being Considered by USTR Excerpt from: Sandler, Travis & Rosenberg | January 12, 2016 The Office of the U.S. Trade Representative has accepted for review 34 petitions to modify the list of products eligible for duty-free treatment under the Generalized […]

Russia GSP Eligibility Terminated

Two things to take away from the article: Russia’s GSP Eligibility Terminated; Program Still Lapsed   1. If / When GSP is reinstated and if refunds are approved, GSP will not be refunded on entries from Russia. 2. Terminating Russia’s GSP status might help pave the […]

GSP Extension Urged and other Trade News

Legislative Update: Little Movement on Trade as Congress Breaks for Elections Excerpt from Sandler, Travis & Rosenberg Trade Report | September 23, 2014 Congress took few actions on trade during its brief session between an August recess and a break for the November elections, and the outlook […]