Following a previously announced review and citing its developed economy, the U.S. has announced the removal of Turkey from its Generalized System of Preferences (GSP) program effective May 17, 2019. This action eliminates preferential access to the U.S. market for Turkey under the program.
Applicable imports from Turkey will now be subject to any existing Section 201 safeguards imposed on specific imports in January 2018.
Concurrently, the U.S. Administration announced the reduction of steel and aluminum tariffs on products of Turkish origin from 50% to 25%, which were raised in August 2018. The 25% rate is effective for all applicable imports entered on or after 12:01AM ET, May 21, 2019.
Please contact your local Delmar Representative or email our U.S. Customs Advisory Services Group for additional information and assistance.