President Trump Pulls India’s GSP Benefits Effective June 5

President Trump Pulls India’s GSP Benefits Effective June 5

Last week, President Trump issued a proclamation withdrawing Generalized System of Preferences (GSP) benefits for India effective June 5. That means that as of yesterday, U.S. imports of travel goods and accessories from India are no longer duty-free. Instead, they now face normal tariffs on travel goods, which range from 8% on leather goods to 17.6-20% on textile and hardsided goods. President Trump continues to review GSP benefits for two other major travel goods suppliers – Indonesia and Thailand. TGA will continue to fight against removal of benefits for those countries.