ITC Assessing Possible Modifications to U.S. GSP
The U.S. International Trade Commission (ITC) is seeking input for a newly initiated investigation concerning possible modifications to the Generalized System of Preferences.
The investigation, Advice Concerning Possible Modifications to the U.S. Generalized System of Preferences, 2008 Review of Additions and Removals (Investigation No. 332-500), was requested by the U.S. Trade Representative (USTR).
As requested, the ITC, an independent, nonpartisan, factfinding federal agency, will provide advice on the likely impact on competing U.S. industries of the addition of eleven HTS subheadings to the list of articles eligible for the GSP and the removal of two HTS subheadings from duty-free status from certain beneficiary developing countries.
