News & Analysis as of

Customs and Border Protection Generalized Scheme of Preferences

Faegre Drinker Biddle & Reath LLP

China-Focused Legislative Package Provides Tariff Relief With GSP and MTB Renewal

On May 27, 2021, the U.S. Senate voted to amend the United States Innovation and Competition Act (the Act), formerly the Endless Frontier Act, a bill that started as an effort to increase the United States competitive...more

Holland & Knight LLP

Congress Slips USMCA Corrections into Omnibus Package, But No Deal on GSP and MTB

Holland & Knight LLP on

After months of negotiations, Congress passed an omnibus legislative package on Dec. 22, 2020, that funds the government through September 2021 and includes a package of hard-fought COVID-19 relief measures. Also included was...more

Akerman LLP

Tariff Threats Could Send Manufacturers Country-Hopping

Akerman LLP on

Just when moving manufacturing from China to Mexico seemed like an option, the threat of U.S. tariffs on Mexico emerged. Despite a reported agreement by Mexico and the Trump administration, the tariff threat admittedly...more

King & Spalding

United States Extends Trade Preference Programs, Continues to Monitor South Africa's Compliance with Commitments on Imports of...

King & Spalding on

On June 29, President Obama signed the Trade Preferences Extension Act of 2015 and extended key preferential trade programs with many of the world's developing economies. These programs include the Generalized System of...more

K&L Gates LLP

Do You Deserve a Refund from US Customs? Tariff Refunds Soon Available for Certain Imported Goods as Congress Acts on Generalized...

K&L Gates LLP on

On June 29, 2015, President Obama signed into law the Trade Preferences Extension Act of 2015 (HR 1295). Among other actions, the law revives the Generalized System of Preferences (GSP) program, a trade preferences program...more

King & Spalding

New Trade Legislation Extends Key Duty-Free Tariff Programs, Provides Opportunity for Businesses to Recoup Over $1 Billion In...

King & Spalding on

On June 29, President Obama signed into law the Trade Preferences Extension Act of 2015 (“the Act”). This legislation extends certain U.S. trade preference programs through which the United States grants duty-free treatment...more

King & Spalding

Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days

King & Spalding on

As we reported last month, quick-strike action by the Senate on May 22 to pass Trade Promotion Authority (TPA) included within the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (the Trade Act of...more

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