Global Trade Alert
Global Trade Alert

United States of America: Reauthorization of GSP, increase in import fee, and expansion of Trade Adjustment Assistance

Announcement

31 Dec 2010

In the fall of 2010, both chambers of the US Congress passed a bill that, if signed, would prolong the country's GSP regime and bring changes to the Trade Adjustment Assistance programme.

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Number of interventions

3

1 certainly harmful

2 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Oct 2011

Revocation date:

No revocation date

Import-related non-tariff measure, nes In force

The bill also renews and expand the Trade Adjustment Assistance program for workers, firms, and communities that are affected by import competition. These changes include the following: Amends the Tr...

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Implementation date

01 Oct 2011

Revocation date:

No revocation date

Import tariff

The tariffs forgone by the renewal will be paid for by raising the Merchandise Processing Fee, which applies to imports from nearly all sources, from the current 0.21 percent ad valorem to 0.3464 perc...

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Implementation date

31 Dec 2010

Revocation date:

No revocation date

Import tariff

On October 21, 2011 the president signed into law an untitled bill (<a href="http://www.gpo.gov/fdsys/pkg/BILLS-112hr2832ih/pdf/BILLS-112hr2832ih.pdf" style="font-weight: 400; color: #1874CD; text-de...

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