Reduced posting hasn’t meant reduced work. Instead, we’ve been creating the state-by-state reports on the impacts of GSP expiration with the new trade data that came out last week. Below is the first batch of reports for Alabama, Arizona, Arkansas, California, Colorado, and Connecticut. If you operate in any of those states ...
Continue readingThe trade data released by the Department of Commerce this afternoon showed that American companies paid an estimated $58.3 million in new taxes on $1.5 billion worth of previously GSP-eligible imports in May. Through the first 5 months of the year, U.S. businesses paid $276 million in tariffs on $7.3 billion worth of imports. Each...
Continue readingYesterday, we posted some of the state-by-state comparisons of GSP imports and tariffs paid through the first 4 months of 2011. We’d like to take this MUCH further and create separate documents for each state. Below is a “mock” mark up of a state report, to use the parlance of recent hearings:
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