Leveraging Tariffs President Trump announced the expected by saying India and Turkey will lose beneficiary status under the Generalized System of Preferences (GSP). The U.S. grants preferential tariff access under GSP to more than 100 countries. Removing Turkey’s eligibility is consistent with the White House effort to end the WTO’s special and differential treatment benefits used by countries that in fact have advanced economies. India is knocked out for failing to provide equitable and reasonable access to U.S. goods and services.   China Rationale This week’s National People’s Congress meeting coincides with dramatic policy changes by the government. New economic stimuli are being proposed at the same tim...

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