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US to Terminate GSP Designation for India and Turkey

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India and Turkey are set to lose their eligibility status for a key U.S. trade preference program. U.S. Trade Representative (USTR) Robert Lighthizer announced Tuesday that the U.S. intends to end India’s and Turkey’s designations as beneficiary developing countries under the Generalized System of Preferences (GSP) program because they no longer comply with the statutory…

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