Trump sent a letter to Congressional leaders notifying his intention to end preferential trade treatment to India. He complained that “I am taking this step because, after intensive engagement between the United States and the Government of India, I have determined that India has not assured the United States that it will provide equitable and reasonable access to the markets of India.”
Under Trump’s instruction, the US Trade Representative also issued a statement on its intention to terminate Generalized System of Preferences (GSP) designation of both India and Turkey. The statement noted that “India’s termination from GSP follows its failure to provide the United States with assurances that it will provide equitable and reasonable access to its markets in numerous sectors. Turkey’s termination from GSP follows a finding that it is sufficiently economically developed and should no longer benefit from preferential market access to the United States market.”
And, “by statute, these changes may not take effect until at least 60 days after the notifications to Congress and the governments of India and Turkey, and will be enacted by a Presidential Proclamation.”
