On October 14, 2019, the Trump Administration followed through on its recent threats by issuing a new Executive Order (EO) (as yet unnumbered) establishing sanctions that effectively target the Turkish Government in response to the latter’s military intervention into Northern Syria. Using this authority, the U.S. Department of the Treasury’s Office of Foreign Assets Control
President Trump Removing India and Turkey from Generalized System of Preferences (GSP)
By Melissa Morris & Spencer Toubia on
Posted in Generalized System of Preferences (GSP), India, Turkey
President Trump indicated in a press release from the USTR that he intends to remove India and Turkey from the list of Generalized System of Preferences (GSP) eligible countries. GSP provides reduced tariff rates for certain products from certain developing and least developed countries.
In the case of India, the removal is a response to…
President Raises Section 232 Tariff on Steel Imported from Turkey to 50%
By Spencer Toubia, Frances P. Hadfield & Edward Goetz on
Posted in Section 232 Tariffs, Turkey
On August 10, 2018, President Trump issued a new Proclamation Adjusting Imports of Steel into the United States from Turkey. Steel articles covered by Section 232 from Turkey are now subject to an ad valorem duty rate of 50%.
On August 12, 2018, U.S. Customs and Border Patrol (CBP) issued Cargo Systems Messaging Service (CSMS)…