The Senate Finance Committee has announced that it will be holding an oversight hearing on June 12, 2008 on U.S. trade preference programs.
U.S. Customs and Border Protection has posted a notice announcing that the fourth tranche for the fiscal year 2008 specialty sugar tariff rate quota that opened on Wednesday, May 14, 2008 oversubscribed at opening moment. The pro rata percentage is 60.31951% or 0.6031951.
The Government Accountability Office has issued a report to Congressional requestors on U.S. trade preference programs.
The Generalized System of Preferences (GSP) program (i.e., A, A*, and A) for most beneficiary countries, i.e., other than those listed as African Growth and Opportunity Act (AGOA) beneficiary countries, will expire on December 31, 2008, unless a law extending it is enacted.
The Office of the U.S. Trade Representative has submitted to Congress the Administration's eighth of eight annual reports, entitled "2008 Comprehensive Report on U.S. Trade and Investment Policy Toward Sub-Saharan Africa and Implementation of the African Growth and Opportunity Act."
The Office of the U.S. Trade Representative has announced the opportunity to submit petitions for the 2008 Generalized System of Preferences Product and Country Eligibility Practices Review (2008 Annual GSP Review).
U.S. Customs and Border Protection has posted a Regulatory Audit1 document on the Generalized System of Preferences (GSP)2 program, in order to inform importers of the basic requirements of the GSP program and how to begin structuring a system of internal controls that address the regulatory requirements for substantiating GSP claims.
The Office of U.S. Trade Representative has posted an updated version of its "U.S. Generalized System of Preferences Guidebook," dated March 2008.
The International Trade Commission has released the public version of a report on the probable economic effect of providing Generalized System of Preferences (GSP) competitive need limit (CNL) waivers for three country/tariff number combinations.
President Bush has issued Proclamation 8240, which modifies the Harmonized Tariff Schedule to take certain actions under the African Growth and Opportunity Act, the Generalized System of Preferences, and for other purposes, as follows: