GSP is the largest and oldest U.S. trade preference program that provides nonreciprocal, duty-free treatment enabling many of the world’s developing countries to spur diversity and economic growth through trade.

The U.S. Generalized System of Preferences (GSP) is a program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 5,000 products when imported from one of 122 designated beneficiary countries and territories.

Feb 21, 2025 · Goods of Mexico entered on or after January 1, 1994 must meet the NAFTA rules of origin to qualify for reduced rates of duty; if they do not, they are dutiable at the MFN rate.

The GSP regulations of U.S. Customs and Border Protection (CBP) may be found at 19 CFR Part 10.171 - 10.178. In addition, CBP has posted a variety of information that may be useful to importers and exporters using the GSP program at http://www.cbp.gov/trade/priority-issues/trade-agreements/special-trade-legislation/generalized-system-preferences.

Title II of the Trade Preferences Extension Act 2015, makes GSP benefits retroactive from July 31, 2013 and permits U.S. Customs and Border Protection (CBP) to refund duties paid (not including interest) on importations of GSP-eligible goods imported or withdrawn from warehouse during the GSP lapse.

U.S. Customs and Border Protection (CBP) enforces GSP at the border. Is GSP permanent? GSP was first authorized for 10 years, until 1985. Since then, it has been reauthorized 14 times, with authorizations generally lasting two to three years.

Oct 30, 2020 · The purpose of this memorandum is to provide guidance to the Trade concerning the United States Trade Representative (USTR) Generalized System of Preferences (GSP) annual review findings, GSP eligibility updates, and effective dates.

By renewing the GSP and modernizing the refund system, the U.S. can reaffirm its commitment to fair and efficient trade practices while ensuring the program’s long-term success. At GLC, we’re here to help you navigate the changes, understand the implications, and streamline your processes for a seamless trade experience.

The GSP regulations of the Department of Homeland Security’s U.S. Customs and Border Protection (CBP) may be found at 19 CFR Part 10.171 through 10.178. In addition, CBP has posted a variety of information of assistance to importers and exporters using the GSP program at http://www.cbp.gov/xp/cgov/trade/trade_programs/audits/archive/gsp.xml.

Dec 21, 2020 · U.S. Customs and Border Protection (CBP) encourages importers to continue to flag GSP eligible importations with SPI “A” during the lapse, starting January 1, 2021. Importers may not file SPI “A” without paying duties.