The Generalized System of Preference (GSP) is the largest and oldest US trade preference programme and is designed to promote economic development by...

WASHINGTON, May 31 (Xinhua) -- Following U.S. President Donald Trump's announcement Thursday that his administration would impose tariffs of 5 percent on all Mexican imports, business groups, officials and experts have responded by denouncing the decision, urging the president to give it a second thought.

"We appeal to President Trump to reconsider plans to open a new trade...

WASHINGTON, May 31 (Xinhua) -- Following U.S. President Donald Trump's announcement Thursday that his administration would impose tariffs of 5 percent on all Mexican imports, business groups, officials and experts have responded by denouncing the decision, urging the president to give it a second thought.

"We appeal to President Trump to reconsider plans to open a new trade...

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