Industry Urges USTR to Add All Eligible Products to GSP List
A group of nearly one hundred companies and associations called for the Office of the U.S. Trade Representative to add all eligible travel goods to the duty-free import list for all Generalized System of Preferences (GSP) beneficiary countries in a…
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March 25 letter to USTR Director for GSP Aimee Larsen (here). Industry urged USTR to add 29 HTS subheadings for GSP duty-free treatment during a public hearing earlier this month (see 1603040042). Lower duty costs for U.S. travel goods companies should create U.S. jobs, pass savings on to consumers, and spur product innovation, the letter says. “Because the vast majority of travel goods sold in the United States are imported from just one GSP-ineligible country, designating these articles as eligible for the full range of GSP countries would further diversify sourcing, leading to job creation in communities throughout the developing world,” said the coalition, which includes several broker groups, the American Apparel & Footwear Association, the U.S. Fashion Industry Association of America, and the U.S. Chamber of Commerce.