WASHINGTON — First China. Now India.
As of Nov. 1, a list of 50 Indian products that were previously duty-free now carry a tariff, including some floor coverings and textiles items.
On Tuesday, President Trump issued a presidential proclamation “to modify the list of products eligible for duty-free treatment under the Generalized System of Preferences (GSP).”
The proclamation does not specify by country, but rather by product.
India is said to have been the largest beneficiary of GSP.
On the target list are a variety of hand-loomed and agricultural goods. According to Business Today, these include: dyed, plain weave certified hand-loomed fabrics of cotton, containing 85% or more cotton by weight; and plain weave certified hand-loomed fabrics of cotton, containing 85% or more cotton by weight. Hand-loomed carpet and other textile floor coverings, not of pile construction, woven, made up of man-made textile materials have also been removed.
An official of U.S. trade representative told Business Today that, as of yesterday, these products "will no longer qualify for duty-free preferences un