While all focus right now is on the need for Congress to renew GSP before December 31, the harm done by Administrative actions to American companies since GSP was last renewed in 2018 cannot be overstated. Since the last Congressional GSP reauthorization, American companies have paid up to $500 million in extra tariffs due to...
Continue readingVtronix in Miami Gardens, Florida provides custom-designed, UL-approved control panels to small- and medium-sized American manufacturers of air conditioning and heating equipment. It has 5 employees and several contract warehouse workers in Florida. GSP eliminates $25,000 to $30,000 in tariffs annually on panels designed in the United States and ma...
Continue readingThe Coalition for GSP has an open-ended survey asking companies how Covid-19 impacts their operations and GSP imports. Last night we received an interesting response from an importer of cast acrylic plastics. For those unfamiliar with plastic variations (like us), here is what they wrote: Cell cast acrylic is the raw material used to create...
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