by Sarita Jackson | Dec 30, 2020 | Generalized System of Preferences, U.S. Trade Policy, Updates
Overview of the GSP The U.S. General System of Preferences is a program that provides duty-free tariff treatment on over 3,500 products that are imported from beneficiary countries that are underdeveloped. The GSP helps progress in third world countries by encouraging... by Sarita Jackson | Feb 15, 2020 | NAFTA, Trade Agreements, U.S. Trade Policy, USMCA
Last week’s State of the Union address highlighted the success of replacing the North American Free Trade Agreement (NAFTA) with the U.S.-Mexico-Canada Agreement (USMCA). The speech presented several key benefits for the automotive sector that are dissected in this... by Sarita Jackson | Oct 12, 2019 | Africa, Sub-Saharan Africa, U.S. Trade Policy
The United States has yet to sign a reciprocal trade agreement with an African country, with the exception of Morocco. Instead, US trade with the African continent, specifically 39 Sub-Saharan African countries, is promoted through the 2000 African Growth... by Sarita Jackson | Sep 13, 2019 | California, China, U.S. Trade Policy
The U.S. manufacturing sector has contracted this year, even though the overall economy has shown growth over the last 10 months. This contraction has been attributed to the U.S.-China trade war, sparked by U.S. tariffs placed on select imports from China. As a... by Sarita Jackson | Apr 29, 2019 | NAFTA, Trade Agreements, U.S. Trade Policy, USMCA
The year 2019 will be a determining year for trade relations between the United States, Mexico, and Canada. Currently, the fate of the US-Mexico-Canada Agreement (USMCA), which is designed to modernize the 1994 North American Free Trade Agreement (NAFTA), rests in the... by Sarita Jackson | Nov 3, 2018 | Asia, Philippines, Trade Agreements, U.S. Trade Policy, Updates
There have been talks about U.S. interest in trade talks with the Philippines starting this month. (News reports indicated that the United States and the Philippines were going to enter into trade talks in September.) We will see what happens this month. However,...