Last week, we asked companies to contact their Senators in support of the GSP/TAA bill. When all the votes were tallied, H.R. 2832 passed with the support of 70 Senators. The inclusion of TAA made the vote particularly difficult for Republicans, but at the end of the day 17 Republicans voted in favor of the...
Continue readingReduced 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 readingThat question was asked by a respondent to our GSP Expiration Poll.* Unfortunately, the question is not simply rhetorical. The Connecticut-based company has less than 25 employees, but its tariff payments have increased by $45,000 to $70,000 per month since GSP expired. According to the company: “We have had to slash o...
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