House passes GSP renewal bill by 400-2 vote

Written on February 13, 2018 in USA

Tonight, the House passed legislation (H.R. 4979) to renew GSP by an overwhelming margin of 400-2. Details of the bill are available here. Dan Anthony, Executive Director of the Coalition for GSP, said the following on passage of H.R. 4979 by a vote of 400-2: “The Coalition for GSP applauds today’s overwhelming passage of legislation...

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Numerous business groups send letters supporting H.R. 4979

Written on February 13, 2018 in USA

The House of Representatives will begin debate on bipartisan legislation (H.R. 4979) to renew GSP shortly. In addition to many individual companies, a number of national associations wrote letters supporting passage, including the: American Apparel & Footwear Association American Association of Exporters and Importers International Bottled Wate...

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GSP renewal bill on this week’s House “suspension calendar”

Written on February 12, 2018 in USA

GSP renewal legislation (HR 4979) is officially on the House “suspension calendar” for tomorrow (Tuesday). If you’re a company and haven’t done so already, please use our VOTE YES on HR 4979 page to email your Representative(s)? Companies with multiple locations are encouraged to contact your Representative for each facility...

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GSP saved American companies over $865 million in 2017

Written on February 8, 2018 in Alabama

GSP saved American companies $865 million in eliminated taxes. That is about $136 million, or nearly $13 million per month, more than 2016. Savings for July-October also don’t reflect program changes adding benefits for travel goods that could add another $5-10 million per month once data are revised. GSP savings exceeded $1 million for 41...

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New GSP supporters: as diverse as the products they import

Written on January 29, 2018 in Cambodia

Since GSP expired on December 31, nearly 50 companies and associations have added their names to our GSP supporter list. Like those organizations already on the list, the new supporters show the incredible diversity of companies and industries benefiting from the GSP program. Or, conversely, harmed by GSP expiration. For example, the companies: Emp...

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How is GSP expiration impacting your company?

Written on January 22, 2018 in USA

GSP expired on December 31. While renewal has bipartisan support in Congress and backing from the Administration, it doesn’t guarantee swift renewal: that was true during GSP’s last year expiration too. Already, companies have paid an estimated $50-$60 million and will pay several million more every day until Congress renews GSP and the...

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