(4) If “J” is set out in t
he column entitled “Preferential Tariff” in the List of
Tariff Provisions following the ab
breviation “GPT” in relation to goods entitled to the General Preferential Tariff, the General Preferential
Tariff rate of customs duty that applies to those goods is the initial rate, reduced by one percentage point on January 1 of each year after 1998, u
...[+++]ntil the difference between the reduced rate and the final rate is less than one percentage point, at which time the final rate applies.