This week, more than 460 American companies and organizations sent a joint letter to every Member of Congress with a simple message: we cannot wait any longer for Congress to renew GSP. The signatories included 23 associations and 440 companies located in 43 states, 237 congressional districts, the District of Columbia and Puerto Rico. The...
Continue readingYesterday, we added four new organizations to the GSP supporter list: Haribo in Baltimore, MD Oceanic Linkways in North Brunswick, NJ SAM HPRP Chemicals in Eden Prairie, MN The National Fisheries Institute In total, the brings us to 446 organizations that want – and need – Congress to renew GSP. If we added four yesterday,...
Continue readingAs we noted last Friday, GSP expiration cost another $54 million in November. In total, expiration increased import taxes by more than $228 million from August to November, raising prices for companies in every state. Just how much varies greatly by state, as shown below. California companies paid an estimated $34 million in new import...
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