Generalized System of Preferences
US intends to end preferential trade treatment for Turkey
The United States intends to end Turkey's preferential trade treatment under a program that allowed some exports to enter the United States duty free, the US Trade Representative's Office said on Monday.
Turkey is no longer eligible to participate in the Generalized System of Preferences program because it "is sufficiently economically developed," USTR said in a news release.
US reviewing Turkey's duty-free access to its markets after tariff retaliation
The Trump administration on Friday launched a review of Turkey's duty-free access to U.S. markets under the Generalized System of Preferences after Ankara imposed retaliatory tariffs on U.S. goods in response to American steel and aluminum tariffs.