No April’s Fools Joke: Failure to Renew GSP Has Cost American Companies Nearly $450 Million

Today marks exactly 8 months since Congress allow GSP to expire. Yet while Congress delays, American companies and workers suffer. From last August until the end of January 2014 (the latest data available), GSP expiration cost American importers $336 million in higher taxes on a little more than $9 billion in imports. So about $50...