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Trade Preference Program Changes Include CAFTA Rules, Israeli Agricultural Agreement

Thursday, December 28, 2017
Sandler, Travis & Rosenberg Trade Report

President Trump has issued a proclamation modifying the Harmonized Tariff Schedule of the U.S. to make the following changes to U.S. free trade agreements and trade preference programs.

- reflects changes in the CAFTA-DR rules of origin, provides preferential tariff treatment under CAFTA-DR for certain goods, and makes technical and conforming changes (effective with respect to goods entered or withdrawn from warehouse for consumption on or after the date to be announced by the Office of the U.S. Trade Representative that the applicable conditions have been fulfilled)

- extends through Dec. 31, 2018, a 2004 agreement with Israel that provides duty-free access to specified quantities of certain agricultural products of that country

- restores (a) Generalized System of Preferences eligibility for Argentina and suspends it for Ukraine and (b) African Growth and Opportunity Act eligibility for The Gambia and Swaziland (click here for more details)

- corrects inadvertent omissions to provide the intended tariff treatment to certain pharmaceutical products, effective with respect to goods entered or withdrawn from warehouse for consumption on or after Jan. 1, 2018

- makes other technical corrections

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