The U.S. Census Bureau released trade data today for February 2011, allowing us to update our GSP expiration costs. Through the first two months of the year, American companies paid an estimated $100 million in tariffs on (previously) GSP-eligible products. Perhaps that is why nearly 160 companies and associations have already added the...
Continue readingEvery now and again, people reach out to us with a story that epitomizes the experiences of companies around the country impacted by GSP expiration. We received one such email over the weekend from a company in Illinois, which we’ve posted in its entirety after the jump [all emphasis is ours]. This is the type...
Continue readingU.S. Trade Representative Ron Kirk and Secretary of State Hillary Clinton recently sent a joint letter to Congress urging the re-authorization of the GSP and other preference programs “at the earliest opportunity and for the longest period possible.” Many of the letter’s themes could be taken right off Renew GSP Today: -GSP import...
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