Advice Concerning Possible Modifications to the U.S. Generalized System of Preferences, 2012 Review: Additions and Competitive Need Limitation Waivers
USITC Publication 4391
Investigation No. 332-538
The U.S. International Trade Commission (USITC) today released a public version of its confidential report on the probable economic effects of making certain products eligible for duty-free treatment and for waiving the competitive need limit for certain goods under the Generalized System of Preferences (GSP).
Requested by the U.S. Trade Representative, the investigation provides advice on the likely impact on competing U.S. industries, on U.S. imports, and on U.S. consumers, of granting GSP eligibility for:
fresh cut sweetheart, spray, and other roses (HTS 0603.11.00, 0603.11.0010, 0603.11.0030, and 0603.11.0060);
vegetables not elsewhere specific or included, uncooked or cooked by steaming or boiling in water, frozen, reduced in size (HTS 0710.80.97) or the three existing 10 digit lines for broccoli (HTS 0710.80.9722, 0710.80.9724, and 0710.80.9726);
artichokes, prepared or preserved otherwise than by vinegar or acetic acid, and not frozen (HTS 2005.99.80); and
refined copper wire less than 6 mm in diameter (HTS 7408.19.0030).
It also provides advice on the likely impact on competing U.S. industries, on U.S. imports, and on U.S. consumers of granting competitive need limitation waiver of the competitive need limit for Brazil for imports of calcium silicon ferroalloys (HTS 7202.99.20). "Competitive need limitations" set the maximum U.S. import level for GSP eligibility and are based on the dollar value or share of total imports of a given product. Once the limit is reached, trade is considered "competitive," benefits are no longer needed, and imports of the article become ineligible for GSP treatment, unless a waiver is granted.
View the publication at: http://www.usitc.gov/publications/332/pub4391.pdf