CBP has issued a notice (CSMS #45244051) to inform the Trade that the Generalized System of Preferences (GSP), special program indicator (SPI) “A,” “A+,” and “A*”, will expire on December 31, 2020 if no Congressional legislation is passed to renew the program.
Tag: #gsp
Dear Valued Customer, On October 30, 2020, President Trump signed a Proclamation announcing changes to GSP eligibility for preferential treatment based on USTR’s 2020 GSP Program review findings. The decisions include: Revoked GSP benefits: Effective on December 30, 2020, 12:01 am, a list of certain products imported from Thailand under GSP preferential treatment (approximate one-sixth