On October 24, 2017, the Office of the US Trade Representative (USTR) announced a new initiative in which countries benefiting from the Generalized System of Preferences (GSP) will be subject to heightened scrutiny. USTR Robert Lighthizer said the review will be “creating a more proactive process to assess beneficiary countries’ eligibility” and ensure non-compliant countries…
CFTA
Uncertainty Prevails with Possible U.S. Withdrawal from NAFTA
The National Customs Brokers & Forwarders Association of America, Inc. (NCBFAA) issued a Question & Answer document today regarding the uncertainty surrounding the possible U.S. withdrawal from the North American Free Trade Agreement (NAFTA) as well as the U.S.-Canada Free Trade Agreement (CFTA). The NCBFAA communication, written by John Kent of Kent & O’Connor, Inc., acknowledged that this is ‘uncharted…
