The other day, we wrote about the characteristics of the 572 companies and associations on the GSP supporter list. Yesterday, we added #573: Delta Brands in Larchmont, NY, which imports household cleaning, health, and beauty products from Turkey and India under GSP. We’ve added 13 companies to the supporter list in June, 12 of which...
Continue readingThe Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved South Dakota companies an estimated $369,000 in 2011. South Dakota companies imported an estimate...
Continue readingI tried to come up with a funny title (e.g., “Congress should at yeast pass a short-term GSP extension) but nothing jumped out at me, so we went with the simple statement of fact: American companies conducting cutting-edge research into animal nutrition import GSP-eligible yeast (or similar single-cell organizations). Most yeast imports...
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