EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book A Guide to the U S  Generalized System of Preferences  GSP

Download or read book A Guide to the U S Generalized System of Preferences GSP written by United States. Office of the U.S. Trade Representative and published by . This book was released on 1991 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Generalized System of Preferences

Download or read book Generalized System of Preferences written by Congressional Research Service and published by CreateSpace. This book was released on 2015-01-08 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Report to the Congress on the First Five Years  Operation of the U S  Generalized System of Preferences  GSP

Download or read book Report to the Congress on the First Five Years Operation of the U S Generalized System of Preferences GSP written by United States. President (1977-1981 : Carter) and published by . This book was released on 1980 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Guide to the U S  Generalized System of Preferences  GSP

Download or read book A Guide to the U S Generalized System of Preferences GSP written by EE. UU. International Trade Commission and published by . This book was released on 1986 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Generalized System of Preferences  Background and Renewal Debate

Download or read book Generalized System of Preferences Background and Renewal Debate written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Primer on the Generalized System of Preferences  GSP

Download or read book Primer on the Generalized System of Preferences GSP written by and published by . This book was released on 1976 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Generalized System of Preferences  GSP

Download or read book Generalized System of Preferences GSP written by Vivian C. Jones and published by . This book was released on 2012-02-04 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Possible Renewal of the Generalized System of Preferences

Download or read book Possible Renewal of the Generalized System of Preferences written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade and published by . This book was released on 1984 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Generalized System of Preferences

Download or read book Generalized System of Preferences written by Vivian Jones and published by CreateSpace. This book was released on 2014-10-31 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 yet been renewed. Imports under the GSP program in 2013 amounted to about $18.5 billion-about 7% of all imports from GSP countries, and about 1% of total U.S. imports.

Book The Generalized System of Preferences

Download or read book The Generalized System of Preferences written by United Nations Publications and published by . This book was released on 2023-08-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Generalized System of Preferences (GSP) scheme is a voluntary trade measure implemented by developed countries that provide an advantageous, or "preferential", tariff treatment to imports from developing countries. The scheme is expected to contribute to developing countries' export growth particularly in the manufacturing sector. Five decades since its inception, the GSP scheme stands at a crossroads. The effectiveness of tariff incentives as a tool to foster exports has eroded over time as trade liberalization processes proceed at multilateral, regional, and unilateral levels, and as the relevance of tariffs to overall trade costs declines. The question arises as to whether the relevance and effectiveness of tariff preferences remain valid today. Focusing on the GSP schemes of the Quad economies (Canada, European Union, Japan, and the United States of America), which accounted for nearly 50 per cent of global imports in the period between 2004 and 2018, the study provides an objective assessment of tariff advantages offered under the GSP by quantifying the economic "value" of preferential treatment and the obstacles to the realization of its full potential. While sharing the same objective of providing preferential market access to imports from developing countries, the GSP schemes of different countries are non-homogeneous sets of national measures. Each GSP scheme is designed according to the granting country's national interests. Across GSP schemes, there is no threshold or minimum requirement in terms of product/country coverage and the level of tariff advantages. Hence, the objective of the study is not to bring value judgment as to which scheme is better or worse relative to others but to take stock of the state of tariff preferences offered under the four representative schemes.

Book Operation of the Generalized System of Preferences

Download or read book Operation of the Generalized System of Preferences written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade and published by . This book was released on 1980 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book International Trade

Download or read book International Trade written by United States. General Accounting Office and published by . This book was released on 1994 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: