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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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<p>On November 24, 1975, the United States designated India as a beneficiary developing country (BDC) for the Generalized System of Preferences (GSP), which enabled India over the years to export roughly 2,000 products to the United States duty-free. On March 4, 2019, President Donald Trump <a href="https://www.trumpandtrade.com/2019/03/president-trump-announces-intent-to-terminate-gsp-designation-for-india-and-turkey/">announced</a> his intention to terminate India&rsquo;s BDC designation and its resulting GSP benefits, removing India&rsquo;s duty-free access to the U.S. market. In a May 31, 2019, <a href="https://www.federalregister.gov/d/2019-11986" target="_blank" rel="noopener noreferrer">presidential proclamation</a>, the president determined that India &ldquo;has not assured the United States that India will provide equitable and reasonable access to its markets. Accordingly, it is appropriate to terminate India&rsquo;s designation as a beneficiary developing country effective June 5, 2019.&rdquo; The proclamation also indicates that the United States is removing India from the list of developing country World Trade Organization members exempt from safeguard measures on crystalline silicon photovoltaic (CSPV) cells and products, and large residential washers. As a result, imports of these products from India will now be subject to the U.S. government&rsquo;s Section 201 global safeguard measures.</p>

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United States to Remove India from List of Beneficiary Developing Countries for Generalized System of Preferences