Barack Obama actually said...

Gibraltar has become a 'high income' country, and I am terminating the designation of that country as a beneficiary developing country for purposes of the GSP.

Context

Proclamation 8840—To Modify Duty-Free Treatment Under the Generalized System of Preferences

06/28/2012

https://www.presidency.ucsb.edu...

More Barack Obama Quotes

Today he took a pretty tough one.
2/27/2008
We are not standing on the brink of a recession because of forces out of our control. I think that's very important to understand. This was ...
2/27/2008
Barack Obama's chance to seal the deal. Possibly Hillary Clinton's last chance for a comeback.
2/27/2008
When somebody tells them that gasoline prices might reach $4 a gallon and he says, 'That's interesting, I didn't know that.' This is just to...
2/27/2008

View All Barack Obama Quotes