Last Friday, Politico had an article about the (really) do-nothing Congress. According to the article: “So far, this Congress has only enacted 49 laws, the fewest since at least 1947, when the Congressional Record began tallying legislative activity on a yearly basis. In fact, the 80th Congress — famously dubbed the “do nothing&rd...
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Written on November 21, 2013 in
GSP
As is so often the case, those closest to the situation can describe it the best. A retailer stuck paying GSP tariffs on shipments coming in for the holiday season emailed us the following: “Assuming the GSP will eventually pass and be retroactive, we are bearing the higher costs during our busiest season, and will...
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Written on November 20, 2013 in
India
This comes from a recent GSP supporter list company that imports from India, Indonesia, and Nepal: We are a company located in a small town where the economy is fragile and the rate of unemployment is very high. If we have to pay duties for merchandise under GSP we don’t know if we will be...
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