This week we heard from two small businesses impacted by GSP expiration – Sugarpod LLC in Hillsboro, Oregon and Inplac in Charlotte, North Carolina – that reported paying $24,959.85 and $30,172.01 so far because of GSP expiration. Not $25,000 and $30,000, or even $24,960 and $30,172, but $24,959.85 and $30,172.01. Because every penny of...
Continue readingIn the 4 months of 2017, GSP saved American companies $256 million in eliminated tariffs. Year-to-date savings crossed the $1 million threshold for 4 states, including Colorado, Mississippi, New Hampshire, and Oregon. In total, GSP savings through April exceeded $1 million for 32 states plus Puerto Rico. The map below shows the overall value of...
Continue readingThis week 15 more organizations (1 association, 14 companies) signed up for the 2017 GSP Supporter List. The new organizations, which follow the 10 new companies from last week, are all listed below. *** Tariffs on GSP imports are scheduled to go up on January 1. By the time that feels “close,” it may be...
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