President Obama Declares Certain Sleeping Bags Ineligible for Duty Free Import
President Obama issued a proclamation last Thursday that would make certain, non-down sleeping bags ineligible for duty free treatment under the Generalized System of Preferences (GSP) program. The GSP program provides duty free access to the U.S. market for a list of products made in specific underdeveloped countries.
The sleeping bags were removed after the administration’s review of the GSP program found that duty free imports from GSP countries were harming manufacturers who made competitive product in the United States. The change in policy means that non-down sleeping bags classified under tariff code 94043080 that are manufactured in a GSP eligible country will now be assessed the bound tariff rate of 9 percent. That rate currently applies to imports from non-GSP countries, which will continue.