The International Trade Commission released Sept. 24 the public version of its confidential report on the probable economic effect of proposed modifications to the Generalized System of Preferences.
As requested, the report provides advice as to the probable economic effect on total U.S. imports, on U.S. industries producing like or directly competitive articles, and on U.S. consumers of the removal from eligibility of the following products from Pakistan.
- polyethylene terephthalate, having a viscosity number of 78 ml/g or higher (HTSUS 3907.61.00)
- polyethylene terephthalate, having a viscosity number less than 78 ml/g (HTSUS 3907.69.00)
The report also provides advice on potential waivers of the competitive need limitation under GSP for the following two products.
- stearic acid (HTSUS 3823.11.00) from Indonesia
- spectacle lenses of materials other than glass, unmounted (HTSUS 9001.50.00), from Thailand
CNLs represent the maximum import level of a product that is eligible for duty-free treatment under GSP. Once that limit is reached, imports of the article become ineligible unless a waiver is granted. The ITC examined whether any U.S. industry is likely to be adversely affected by a CNL waiver for these two products, whether a like or directly competitive article was produced in the U.S. in any of the preceding three calendar years for these articles, as well as the probable economic effect on total U.S. imports and on consumers of the requested CNL waivers.
Finally, the ITC provided advice as to the probable economic effect on U.S. imports, U.S. industries producing like or directly competitive articles, and U.S. consumers of the GSP re-designation of the following products.
- orchids, fresh cut (HTSUS 0603.13.00), from Thailand
- plywood, veneered panels and similar laminated wood, of bamboo (HTSUS 4412.10.05), from Indonesia
- plywood sheets n/o 6mm thick, with specified tropical wood outer ply, with face ply nesoi, not surface covered beyond clear/transparent (HTSUS 4412.31.4155), from Indonesia.
Copyright © 2022 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.