United States Generalized System of Preferences

E906886

The United States Generalized System of Preferences is a U.S. trade program that grants duty-free access to thousands of products imported from designated developing countries to promote their economic growth.

All labels observed (6)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf tariff preference scheme ⓘ
trade preference program ⓘ
unilateral trade program ⓘ
administeredBy Office of the United States Trade Representative ⓘ
U.S. Customs and Border Protection ⓘ
allows graduation of countries that become sufficiently competitive ⓘ
product-specific graduation when imports reach certain thresholds ⓘ
alsoKnownAs Generalized System of Preferences of the United States ⓘ
U.S. GSP ⓘ
U.S. Generalized System of Preferences ⓘ
appliesTo developing countries ⓘ
least-developed beneficiary developing countries ⓘ
basedOn Generalized System of Preferences ⓘ
beneficiaryType beneficiary developing country ⓘ
least-developed beneficiary developing country ⓘ
benefit duty-free access to the U.S. market for eligible products ⓘ
conditionForEligibility compliance with internationally recognized worker rights ⓘ
cooperation on counter-narcotics efforts ⓘ
not engaging in gross violations of internationally recognized human rights ⓘ
providing reasonable and equitable access to its market for U.S. goods ⓘ
respect for intellectual property rights ⓘ
country United States ⓘ
covers agricultural products ⓘ
industrial products ⓘ
thousands of tariff lines ⓘ
createdBy United States Congress ⓘ
evaluationMechanism country practice reviews ⓘ
public petitions and hearings on eligibility issues ⓘ
excludes most apparel ⓘ
most electronics ⓘ
most footwear ⓘ
most textiles ⓘ
most watches ⓘ
governingBody President of the United States ⓘ
impact reduces tariff costs for U.S. importers on eligible products ⓘ
supports export-led growth in beneficiary countries ⓘ
legalBasis Trade Act of 1974 ⓘ
policyType non-reciprocal trade preference ⓘ
presidentialAuthority to designate beneficiary countries ⓘ
to suspend or withdraw benefits ⓘ
purpose to encourage exports from developing countries ⓘ
to promote economic growth in developing countries ⓘ
to provide duty-free treatment for eligible products ⓘ
relatedTo European Union Generalised Scheme of Preferences ⓘ
World Trade Organization Enabling Clause ⓘ
requires periodic renewal by the U.S. Congress ⓘ
startDate 1976-01-01 ⓘ
statusAsOf2024 expired and awaiting congressional reauthorization ⓘ

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Sri Lanka–United States relations → tradeFramework → United States Generalized System of Preferences ⓘ
Public Law 93-618 → component → Title V – Generalized System of Preferences ⓘ
linked to: United States Generalized System of Preferences
African Growth and Opportunity Act → relatedTo → Generalized System of Preferences ⓘ
linked to: United States Generalized System of Preferences
United States Generalized System of Preferences → alsoKnownAs → U.S. Generalized System of Preferences ⓘ
linked to: United States Generalized System of Preferences
United States Generalized System of Preferences → alsoKnownAs → U.S. GSP ⓘ
linked to: United States Generalized System of Preferences
United States Generalized System of Preferences → alsoKnownAs → Generalized System of Preferences of the United States ⓘ
linked to: United States Generalized System of Preferences