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Reinstate India’s GSP status: 44 US lawmakers to Trump administration

US lawmakers enjoin Trump administration to re-instate India’s preferential trade status

US lawmakers enjoin Trump administration to re-instate India’s preferential trade status Forty-four lawmakers have urged the US government to reinstate India’s GSP status. India had been suspended from the list of beneficiaries under the Generalized System of Preferences in June. A bipartisan group of 44 lawmakers has urged the Donald Trump administration to re-instate India as a beneficiary of the duty-free import

US Terminates India’s Preferential Trade Status

Modi Trump

India is no longer a beneficiary of the Generalized System of Preference (GSP), the United States’ oldest and largest trade preference programme Following an earlier warning, US President Donald Trump has now terminated India’s preferential trade status. In March, the United States President announced that he will strip India of its beneficiary designation under GSP. The 60-day notice period for the same ended May 3,

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