White Goods, Not Pink Pigs, Drive American Review of Thai GSP Status — Panjiva
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White Goods, Not Pink Pigs, Drive American Review of Thai GSP Status

Consumer Staples 818 Industrials - Capital Goods 625 Tariffs 1878 Thailand 145 Trade Deals 1020 U.S. 5418

The USTR will review Thailand’s eligibility for reduced import tariffs under the Generalized System of Preferences following complaints from American pork producers. That follows a widening pattern of GSP reviews, most recently against the eligibility for India among others. The case isn’t really about pork preferences – Thailand has imported less than $1 million annually from all suppliers globally. Yet, the review shouldn’t be a surprise against the backdrop of U.S. trade policy. Thailand had a $20 billion trade in goods surplus vs. America in the 12 months to March 31. Furthe...

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