Archive for: June 2013

U.S. Chamber Urges Congress to Renew GSP

Written on June 28, 2013 in GSP

Yesterday, the U.S. Chamber of Commerce sent a letter urging Congressional leaders to renew GSP before its scheduled expiration on July 31. The letter stated that: “GSP has been an effective tool promoting market-based economic growth in developing countries, bolstering U.S. manufacturing, and expanding consumer choice. The Chamber urges you ...

Continue reading

Strange Day in the GSP World

Written on June 27, 2013 in Bangladesh

Press reports indicate that the Obama administration will suspend GSP benefits for Bangladesh following a long review by the Office of the U.S. Trade Representative, although the official announcement has not been released. Meanwhile, it appears that Ecuador has decided to unilaterally renounce its ATPA benefits, claiming that the United States was...

Continue reading

50,400 Minutes Until GSP Expires

Written on June 26, 2013 in GSP

5 weeks… 35 days…840 hours… 50,400 minutes… Whatever number you decide to use, one thing is clear: Congress needs to renew GSP very soon if they want to prevent a $2 million per day tax hike on American companies.

Continue reading
Renew GSP Today