Sadie Keljikian, Express Trade Capital
The President issued Proclamation 9887 on May 16th, entitled To Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974. The proclamation indicates the termination of Turkey’s status as a beneficiary developing country, effective May 17th, 2019. The decision comes as a result of Turkey surpassing minimum economic criteria for the designation.
For US importers, this has a few implications. First, all goods brought in from Turkey are no longer eligible for preferential duties under the Generalized System of Preferences, or GSP. Crystalline silicon photovoltaic (CSVP) cells from Turkey are now subject to safeguards outlined in Proclamation 9693. Additionally, large residential washers coming from Turkey will be subject to stipulations indicated in Proclamation 9694.
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