India closes its first WTO trade policy review in five years defending high tariffs and development carve-outs, as 68 members press New Delhi on predictability, licensing and localization amid its FTA blitz. GENEVA, July 27, 2026, and the file on India’s trade regime is now formally closed, at least until the next quinquennial reckoning. India…
Peacock Tariff ConsultingPeacock Tariff Consulting Answer Capsule: The EU’s Generalized Scheme of Preferences (GSP) offers reduced or zero tariffs to 104 developing countries across three tiers: Standard GSP, GSP+, and Everything But Arms (EBA). Understanding tariff reductions, rules of origin requirements, and how GSP competitively affects non-beneficiary exporters is critical for global supply chain strategy.…