Fort Lee, New Jersey-based Empire Resources issued its quarterly report for the first half of 2011 yesterday. Empire Resources is a distributor of value-added, semi-finished aluminum and steel products and serves more than 200 customers in the transportation, automotive, housing, appliance, and packaging industries. Despite net sales increase...
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Written on August 12, 2011 in
GSP
Yesterday’s trade data showed that American companies paid an estimated $59.6 million in new taxes on $1.5 billion worth of previously GSP-eligible imports in June, bringing the total tariffs paid to $335 million in tariffs on $8.8 billion worth of imports in the first half of the year. Last week, we noted noted that Congress...
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Written on August 4, 2011 in
Brazil
Kevin Frank, president and CEO of Voith Hydro’s North American operations, penned a great op-ed for today’s Congress Blog at The Hill. In it, Frank argues that: “Businesses that have remained competitive due in part to their use of the program are now burdened with significant – and unexpected – costs. These new ...
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