The GSP trade program was created in the 1970s to promote development in poor countries through “trade, not aid.” Over the years, GSP has had a positive impact on jobs where some might not expect it: here in the United States. How is that so? American companies use the GSP program to import a wide...
Continue readingThe Generalized System of Preferences (GSP) is a U.S. trade program that eliminates the tariffs (i.e., taxes) paid by American companies when they import certain products from about 130 developing countries around the world. GSP was created in the 1970s as part of an international effort to promote development through “trade, not aid.&r...
Continue readingAs long as we keep receiving copies of emails sent to Congressional trade staffers through our Email Yours Senators and Email Your Representatives pages, we’ll post excerpts that effectively tell the story of GSP expiration, so please coming them coming. Here are some of the latest sent by… A small business in Illinois to their...
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