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Author : United States. Office of the U.S. Trade Representative
Publisher : Unknown
Page : 152 pages
File Size : 47,7 Mb
Release : 1991
Category : Foreign trade regulation
ISBN : UOM:39015024816152
Author : Anonim
Publisher : Unknown
Page : 150 pages
File Size : 40,6 Mb
Release : 1991
Category : Tariff preferences
ISBN : IND:30000102102476
Author : Anonim
Publisher : Unknown
Page : 106 pages
File Size : 43,5 Mb
Release : 1986
Category : Tariff preferences
ISBN : OCLC:24934184
Author : Anonim
Publisher : Unknown
Page : 85 pages
File Size : 52,5 Mb
Release : 1982
Category : Developing countries
ISBN : OCLC:9817094
Author : United States. Office of the U.S. Trade Representative
Publisher : Unknown
Page : 152 pages
File Size : 41,7 Mb
Release : 1991
Category : Foreign trade regulation
ISBN : UCR:31210022948085
Author : Dennis James
Publisher : Unknown
Page : 128 pages
File Size : 40,8 Mb
Release : 1981*
Category : Foreign trade regulation
ISBN : OCLC:32268406
Author : Congressional Research Service
Publisher : CreateSpace
Page : 36 pages
File Size : 49,9 Mb
Release : 2015-01-08
Category : Political Science
ISBN : 1507544413
The U.S. Generalized System of Preferences (GSP) program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). The United States, the European Union, and other developed countries have implemented similar programs since the 1970s. The U.S. program was first authorized in Title V of the Trade Act of 1974, and is subject to periodic renewal by Congress. The GSP program was most recently extended until July 31, 2013, in Section 1 of P.L. 112-40, and has not been renewed. Imports under the GSP program in 2012 (last full year of GSP implementation) amounted to about $19.9 billion—about 6% of all imports from GSP countries, and about 1% of total U.S. imports. The expiration of GSP means that renewal of the program may continue to be a legislative issue in the 114th Congress. In recent years, GSP renewal has been somewhat controversial. In the 113th Congress, controversy arose over the funding provisions in Senate bill S. 1331 seeking to renew GSP. Other GSP legislation introduced in the 113th Congress included H.R. 2709, H.R. 2139, and H.R. 1682. The GSP program is one of several U.S. trade preference programs through which the United States seeks to help developing countries expand their economies. Other U.S. trade preference programs are regionally focused, and include the African Growth and Opportunity Act (AGOA), the Andean Trade Preference Act (ATPA, also expired in 2013), and the Caribbean Basin Initiative (CBI). The GSP program provides duty-free entry for over 3,500 products (based on 8-digit U.S. Harmonized Tariff Schedule tariff lines) from 122 BDCs, and duty-free status to an additional 1,500 products from 43 GSP beneficiaries that are additionally designated as least-developed beneficiary developing countries (LDBDCs). U.S. implementation of GSP requires that developing countries meet certain criteria to be eligible for the program. For example, countries must not have seized ownership or control of the assets of U.S. citizens or have harmed U.S. investors in other specified ways. Eligible countries must also be taking steps to maintain internationally recognized worker rights among other things. GSP rules of origin require that at least 35% of the appraised value of the product be the “growth, product, or manufacture” of the BDC. Third, the GSP program includes certain curbs on product eligibility intended to shield U.S. manufacturers and workers from potential adverse impact due to the duty-free treatment. These include specific exclusion of certain “import sensitive” products (e.g., textiles and apparel), and limits on the quantity or value of any one product imported from any one country under the program (products from least-developed beneficiaries are not subject to this restriction). Fourth, GSP country and product eligibility are subject to annual review. This report presents, first, recent developments and a brief history, economic rationale, and legal background leading to the establishment of the GSP. Second, the report presents a discussion of U.S. implementation of the GSP. Third, the report presents an analysis of the U.S. program's effectiveness and the positions of various stakeholders. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed.
Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 52,7 Mb
Release : 2007
Category : Tariff preferences
ISBN : OCLC:156404355
Author : Anonim
Publisher : Unknown
Page : 152 pages
File Size : 55,8 Mb
Release : 1994
Category : Government publications
ISBN : PSU:000022365958
Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 44,6 Mb
Release : 2008
Category : Tariff preferences
ISBN : OCLC:223406888
The Generalized System of Preferences (GSP) provides duty-free tariff treatment to certain products imported from designated developing countries. The United States, the European Union, and other developed countries implemented such programs in the 1970s in order to promote economic growth in developing countries by stimulating their exports. The U.S. program (as established by Title V of the Trade Act of 1974) was extended until December 31, 2008, in section 8002 of P.L. 109-432 for all GSP beneficiary countries not covered by the African Growth and Opportunity Acceleration Act of 2004 (P.L.108-274, extended GSP benefits for AGOA beneficiary countries through September 30, 2015). On February 7, 2008, House Ways and Means Chairman Rangel introduced H.R. 5264, a bill seeking to further extend the Generalized System of Preferences and other trade preference programs, such as the Andean Trade Preference Act (ATPA), until September 30, 2010. As passed by the House on February 27 and the Senate on February 28, the law extends only the ATPA for an additional ten months, until December 31, 2008 (P.L. 110-191). Therefore, the GSP and ATPA will expire at the end of 2008, unless renewed by Congress.
Author : Vivian C. Jones
Publisher : Unknown
Page : 41 pages
File Size : 48,9 Mb
Release : 2012-02-04
Category : Electronic
ISBN : 1457831635
The GSP program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs), The U.S., the EU, and other developed countries have implemented similar programs in order to promote economic growth in developing countries by stimulating their exports. This report presents: (1) a brief history, economic rationale, and legal background leading to the establishment of the GSP; (2) a discussion of the implementation of the GSP by the U.S., along with the debate surrounding its renewal; (3) an analysis of the U.S. program's effectiveness and the positions of various stakeholders; and (4) implications of the expiration of the U.S. program. This is a print on demand report.
Author : Robert E. Baldwin,Anne O. Krueger
Publisher : University of Chicago Press
Page : 452 pages
File Size : 43,5 Mb
Release : 2008-04-15
Category : Business & Economics
ISBN : 9780226036533
The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.
Author : Anonim
Publisher : Unknown
Page : 1690 pages
File Size : 54,9 Mb
Release : 1991
Category : Government publications
ISBN : UIUC:30112063914391
Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 49,9 Mb
Release : 1987
Category : Government publications
ISBN : WISC:89013738158
Author : U. S. Customs and Border Protection
Publisher : Unknown
Page : 0 pages
File Size : 45,8 Mb
Release : 2015-10-12
Category : Education
ISBN : 1304100065
Explains process of importing goods into the U.S., including informed compliance, invoices, duty assessments, classification and value, marking requirements, etc.