U.S. Travel Goods Imports from India Could Lose GSP Status, Face Tariffs as Soon as May 4
President Trump could issue a proclamation as soon as May 4 to withdraw Generalized System of Preferences (GSP) benefits from India and Turkey and impose full tariffs on U.S. travel goods imports from those countries. Despite protests from TGA, the business community (April 12 and April 4 letters), multiple members of Congress, and India itself, President Trump seems prepared to follow through on his March 4 announcement to withdraw benefits. India is the 3rd-largest supplier of travel goods to the U.S. market. Under GSP, U.S. imports of travel goods can enter the U.S. duty-free from most developing countries, including India, Cambodia, Indonesia, Pakistan, and Thailand. TGA worked for many years to convince Congress and two Presidents to add travel goods to GSP back in 2016-2017 and will continue to fight to protect those benefits.