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Philippines petitions for footwear’s inclusion in trade deal

13/09/2017

The Philippines has asked the US to expand the Generalised System of Preferences (GSP) to include footwear. Products included in the trade agreement enjoy 0% import tax, while footwear is currently taxed at around 15%. The Asian country says this would open the US market to its footwear manufacturers. Trade Secretary Ramon Lopez told local...

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