The U.S. government has already investigated and assessed the possible impact of the addition of cotton products as generalized system of preferences (GSP) tax-free beneficiary products.
U.S. Trade Representative (USTR) Ron Kirk has requested the US International Trade Commission to present a report on the impact of this preferential measure on US industry, imports, and consumers within 90 days. The GSP new concessions refer to the 12 cotton products imported from the LDCs into the United States. This measure is designed to respond to USTR's pledge to help develop the national textile and clothing industry from the global trade in December last year. interest.
U.S. Trade Representative (USTR) Ron Kirk has requested the US International Trade Commission to present a report on the impact of this preferential measure on US industry, imports, and consumers within 90 days. The GSP new concessions refer to the 12 cotton products imported from the LDCs into the United States. This measure is designed to respond to USTR's pledge to help develop the national textile and clothing industry from the global trade in December last year. interest.
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