While we generally focus on the benefits to U.S. companies of the GSP program, it is important to remember that sourcing from GSP countries has a positive impact on the lives of workers and their families in developing countries. Sometimes, the benefits to poor workers come simply from having a job that otherwise would not...
Continue readingBased on newly available July 2015 trade data, American companies paid about $1.3 billion in higher import taxes while GSP was expired between August 2013 to July 2015. With the retroactive GSP renewal, nearly all of that will be refunded automatically. The map below shows the breakdown of GSP tariffs paid during expiration that are...
Continue readingYesterday we highlighted some of the early responses to our latest latest survey. With lots of trade action expected in Congress during the upcoming week, we need as many survey response ASAP. So no one thinks we’re only interested in responses from companies willing to go on-the-record, here are several more incredibly detailed and helpful.....
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