Ecuador Rose tariff still in effect

[WillieeArmellini]

Some news about the renewal or not of the Generalized System of Preferences of the United States (GSP).   Recently, all the exportable product of the flower sector of Ecuador is included in the GSP with zero import duty to the United States. The action of inclusion of tariff items in the GSP is the sole and express function of the President of the United States.

The GSP as a support program for developing countries has existed since 1978. The program itself requires a general review and total renewal only and expressly on the part of the United States Congress. Said renewal also contemplates a period of validity that is also determined by the same Congress.
This December 31, 2020, the SGP program expires again and unfortunately in these last months of the year, the United States Congress did not have the opportunity to introduce it on the approval agenda. This means that, as of January 1, 2021, 100% of flower products will pay tariffs, until the program is again renewed by Congress. It is estimated that both the Republican and Democratic blocs propose certain changes of criteria to the SGP program (changes that would not affect the inclusion of flowers and roses) and that it be renewed between February and March 2021.

[Author]

Posts