Proc 7454ProclamationG.W. Bush · R Quiet signal

Proclamation 7454

To Modify Duty-Free Treatment Under the Generalized

In simple terms

This proclamation modifies U.S. tariff treatment under the Generalized System of Preferences (GSP), adding Georgia as a beneficiary developing country, redesignating certain countries for specific articles, and waiving competitive need limitations for certain imports. It also removes GSP benefits for some countries/articles that exceeded import thresholds, with various effective dates including immediate, July 1, 2001, and future dates set by the USTR.

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 66 FR 35365

  3. USTR to announce Annex III effective date in Federal Register

  4. USTR to determine effective date for certain redesignations under 503(c)(2)(C)

  5. Annex I modifications effective for articles entered or withdrawn from warehouse

  6. Annex II waiver (paragraph 5) effective on signature date

Key directives

  • Designate Georgia as GSP beneficiary developing country
  • Modify HTS general note 4(a) to reflect Georgia's GSP status
  • Redesignate certain countries as GSP beneficiaries for certain articles
  • Remove GSP preferential treatment for certain countries/articles exceeding competitive need limits
  • Waive competitive need limitation under 503(c)(2)(A)(i)(II) for specific articles/countries
  • Waive competitive need limitations under 503(c)(2)(A) for specific articles/country
  • USTR to determine effective date for certain redesignations
  • USTR to determine effective date for certain waivers under 503(c)(2)(F)
  • USTR to announce Annex III effective date in Federal Register
  • Supersede inconsistent provisions of prior proclamations and Executive Orders

Who is ordered

Prior policy

  • supersedeprovisions of previous proclamations and Executive Orders inconsistent with this proclamation

What to expect

Immediate

  • Signature-date effective date for Annex II waiver (paragraph 5)
  • Supersession of inconsistent prior proclamations and Executive Orders

Near term (90d)

  • July 1, 2001 effective date for Annex I modifications (HTS changes for Georgia addition, country redesignations, and duty rate modifications)

Long term

  • Future Federal Register announcement by USTR for Annex III effective date
  • Ongoing GSP beneficiary status for Georgia
  • Continued trade preference adjustments based on competitive need limitations

Risks & tensions

  • USTR discretionary effective dates create uncertainty for importers planning compliance
  • Competitive need limitation waivers may disadvantage competing U.S. industries despite ITC consultation
  • Georgia's political stability and labor rights record at time of designation may raise eligibility questions under GSP criteria
  • Supersession clause (paragraph 6) may create confusion about which prior trade rules remain valid
Proclamation 7454: To Modify Duty-Free Treatment Under the Generalized · Executive Orders