The latest on Russia sanctions from the International Trade and Supply Chain Team
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On March 29th, the Office of the United States Trade Representative (“USTR”) announced the suspension of all U.S. engagements with Burma (Myanmar) under the 2013 Trade and Investment Framework Agreement (“TIFA”), effective immediately.  Pursuant to this announcement, the United States will be suspending all government-to-government meetings following the military coup that occurred in February and the related escalation in violence by Burma’s military against its people.
Continue Reading USTR Suspends Trade Engagement with Burma

In a sudden announcement after 8pm on Friday May 31, 2019, the President made the anticipated decision that India was to be removed from the Generalized System of Preferences (“GSP”), effective June 5, 2019.  The statement issued by the White House claims that the President had “determined that India has not assured the United States that India will provide equitable and reasonable access to its markets.” The end of GSP eligibility and removal of India’s developing country status comes after holding that status for approximately 30 years and is a deepening indication of the U.S.’s increased protectionist stance in the global trading environment.  Last month the U.S. ended Turkey’s preferential status.
Continue Reading India Loses GSP Preferential Status Effective June 5, 2019

At the direction of President Trump, the Office of the U.S. Trade Representative (“USTR”) has announced the United States’ intent to withdraw beneficiary status from India and Turkey under the U.S. Generalized System of Preferences (“GSP”) program.
Continue Reading President Trump Announces Intent to Withdraw GSP Status for India and Turkey

The U.S. is expected to make an announcement on whether India will retain eligibility under the Generalized System of Preferences (GSP) program within the next two weeks according to unidentified sources cited by Reuters. The Office of the U.S. Trade Representative (USTR) is currently reviewing the eligibility of Indian products for duty-free entry into the U.S. under GSP as a response to petitions from the dairy and medical device industries. On November 1, 2018, USTR suspended GSP tariff reductions on 90 imports from India worth $75 billion including textiles, chemicals, and musical instruments.
Continue Reading GSP Status for India in Question