Given the name/purpose of this site, we focus primarily on the direct impacts of GSP renewal. What we probably don’t focus on enough is how GSP duties pile on to a host of other challenges American companies currently face. Yesterday, we noted that Besa Lighting in Blacklick, Ohio (near Columbus) added its name to the...
Continue readingContrary to popular belief, most products imported under GSP are not finished consumer goods – they are raw materials, components, and other industrial goods used by American manufacturers for domestic production. Ferroalloys, which are used to produce steel, have seen the biggest increase in “imports under GSP” in the beginning o...
Continue readingWe recently received this email from a small company in Georgia that designs, manufactures, and tests custom optical systems. Its customers range from amateur astronomers right on up to NASA and other government agencies. Here’s what the owner said about GSP expiration: We import zero expansion glass from Russia for use in telesco...
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