delete PART 2007—REGULATIONS OF THE U.S. TRADE REPRESENTATIVE PERTAINING TO ELIGIBILITY OF ARTICLES AND COUNTRIES FOR THE GENERALIZED SYSTEM OF PREFERENCE PROGRAM (GSP (15 CFR PART 2007))
Establishes detailed petition and review process for modifying duty-free eligibility under the Generalized System of Preferences (GSP). Requires extensive economic data submissions (3 years of detailed production, employment, sales information), mandates 20-copy submissions, creates multi-layered interagency review via GSP Subcommittee and Trade Policy Staff Committee, and sets annual review cycles with public hearings and Federal Register notices.
The regulation creates a burdensome bureaucratic apparatus for administering a protectionist trade preference program that distorts free markets. Compliance costs are substantial: petitioners must compile exhaustive economic data packages and submit 20 copies, while the government sustains an interagency review machinery. The process invites rent-seeking, giving well-resourced special interests a formal channel to lobby for selective advantages, contrary to equal treatment. Complexity disproportionately disadvantages small businesses and foreign governments lacking resources. The underlying GSP program itself violates free enterprise principles by granting artificial competitive advantages.