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Western Massachusetts small business: GSP savings “enough to pay for staff health care or a new employee”

Written on September 24, 2020 in India

dZi, Inc. in Easthampton, Massachusetts was founded in 1990 to provide a market for products made by the Tibetan refugee community in India. A founding member of the Fair Trade Federation, which is dedicated to helping marginalized artisan communities in developing countries, today dZi’s purchases support over 1,000 artisans in Nepal and Indi...

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Members of Congress express support for GSP renewal at House hearing

Written on September 11, 2020 in USA

At yesterday’s House Ways and Means Trade Subcommittee hearing on Caribbean Basin preferences (i.e., CBTPA), several Members used the opportunity to support swift GSP renewal as well. CBTPA expires on September 30. In his opening statement, Ranking Member Vern Buchanan (R-FL) cited Coalition for GSP data, saying “Americans saved more th...

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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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