Reference

GPT

General Preferential Tariff

Plain meaning

A preferential Canadian tariff treatment that can apply to eligible goods from designated developing countries.

Key points

  • GPT treatment depends on the country of origin and whether the goods meet applicable origin and proof requirements.
  • It is different from free-trade-agreement preferences such as CUSMA or CETA.
  • Canada can change eligibility, rates, or country designations through legislation or regulation.
  • Importers need records supporting origin and tariff treatment claimed.

Why it comes up

GPT changes can affect import costs, supply chains, development-policy debates, and tariff planning.

News signals

preferential tariffs developing countries customs duty

Related articles

  • No matching articles yet.
Back to Top