Category: Thailand

Cloth masks face the most new tariffs due to lost GSP for Thailand, but who needs those? (Or, how punitive tariffs punish the US)

Written on September 9, 2020 in Thailand

In late April, the United States suspended duty-free treatment for about 1/3 of Thailand’s imports under GSP. Lost GSP for Thailand cost importers up to $17 million in extra taxes from May to July; another burden for American GSP importers hurt by the Covid-19 pandemic and recession. New data suggests cloth face masks are the...

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GSP eliminated over $24 million in tariffs in 2019 on products directly related to Covid-19 response

Written on May 8, 2020 in India

GSP eliminated over $24 million in tariffs in 2019 on products directly related to Covid-19 response. Congress should renew GSP immediately to ensure continued GSP duty-free treatment for these critical products and provide certainty for American companies that are already struggling due to the coronavirus pandemic. GSP’s current authorizatio...

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Renew GSP Today