This morning, we added our newest company to the GSP Supporter List: Ferndale, Washington-based Kona Bicycle Company. Located in 1st Congressional District, the 27-employee company imports from Cambodia under GSP. Kona isn’t the only new company calling on Congress to renew GSP before it expires on July 31. Other new additions include: ...
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 New Jersey companies an estimated $59.5 million in 2011. New Jersey companies imported an estimat...
Continue readingWith its most recent update, our Supporter List now includes companies operating in 48 states and 292 congressional districts. You can download the list of GSP Supporters by district here. You can add your company name by emailing here. New York’s 14th (Carolyn Maloney) is the top district with nine companies. Californi...
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