ITC to Investigate Waiving CNL for Tires from Thailand as Part of 2009 GSP Annual Review
The International Trade Commission has announced that it is seeking input for a newly initiated investigation concerning possible modifications to the Generalized System of Preferences as part of the 2009 GSP Annual Review.
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The investigation, Advice Concerning Possible Modifications to the U.S. Generalized System of Preferences, 2009 Review of a Competitive Need Limit Waiver (Investigation No. 332-512), was requested by the U.S. Trade Representative.
ITC to Provide Advice on Granting CNL Waiver for Tires from Thailand
As requested, the ITC will provide advice as to the impact of granting a competitive need limit (CNL) waiver for the following:
HTS Number | Country | Brief Product Description |
4011.10.10 | Thailand | New pneumatic radial tires, of rubber, of a kind used on motor cars (including station wagons and racing cars) |
CNLs represent the maximum import level of a product that is eligible for duty-free treatment under the GSP. 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. There are two types of CNLs - the value CNL (which is $140 million for 2009) and the 50% CNL (equal to or greater than 500f the 2009 value of total U.S. imports of the tariff number from all countries). If the CNL is exceeded and a waiver is not granted, subject tires could lose GSP benefits on July 1, 2010.
ITC Confidential Report Expected by March 30th, Public Version to Follow
ITC is expected to submit its confidential report to USTR by March 30, 2010. As soon as possible thereafter, the ITC will, as requested by USTR, issue a public version of the report containing only the unclassified sections, with any business confidential information and classified information deleted.
ITC Seeks Input its New Investigation, Will Hold Public Hearing
ITC is seeking input for its new investigation from all interested parties and requests that the information focus on the articles for which the ITC is requested to provide information and advice.
ITC will hold a public hearing in connection with the investigation at 9:30 a.m. on February 16, 2010. Requests to appear at the public hearing should be filed no later than 5:15 p.m. on February 2, 2010.
ITC also welcomes written submissions for the record. Written submissions should be submitted by 5:15 p.m. on February 26, 2010.
(See ITT's Online Archives or 01/06/10 news, 10010605, for BP summary of USTR announcing it would review the CNL waiver petition for tires from Thailand.)
ITC news release (10-003, dated 02/12/10) available at http://www.usitc.gov/press_room/news_release/2010/er0112hh1.htm