Published May 7, 2020
At a glance
- What changed
- GSP Status suspended for Thailand
- Who is affected
- North America
- Business impact
- This includes goods entered for consumption, or withdrawn from warehouse, on or after 12:01 am on April 25, 2020, the General Note of the Harmonized Tariff Schedule has been modified to reflect such. The list of products excluded from GSP…
1.3 Billion Worth of Goods eligible under the Generalized System Of Preferences (GSP) for Thailand has been suspended as of April 25.
This includes goods entered for consumption, or withdrawn from warehouse, on or after 12:01 am on April 25, 2020, the General Note of the Harmonized Tariff Schedule has been modified to reflect such. The list of products excluded from GSP eligibility for Thailand can be found in the following link
Need help understanding your exposure?
Crane Trade Consulting can help assess tariff impacts, validate exclusions and develop practical mitigation strategies.