Contrary 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 readingAs March gets ready to turn to April and Congress seems no closer to renewing GSP than it was in December, there’s a real sense of despair among many companies that have relied on GSP in the past. Instead of trying to sugarcoat this, we decided to post some more emails we’ve received from readers...
Continue readingThis morning I saw the interesting news release “GSP: Sleeping Bags and Tropical Fruit.” It was posted last week on the website of iTi Tropicals in Lawrenceville, New Jersey, which sources tropical fruit juice, puree & concentrates from South America and Asia. The title of the news release caught my eye because who, afte...
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