On February 8, leading House Republicans and Democrats on trade introduced bipartisan legislation to renew GSP (H.R. 4979). The House vote could come as early as Tuesday, February 13. We strongly encourage GSP importers to email their House members about voting YES on H.R. 4979 with our contact tool. [Note: link removed after House passage.]...
Continue readingGSP saved American companies $865 million in eliminated taxes. That is about $136 million, or nearly $13 million per month, more than 2016. Savings for July-October also don’t reflect program changes adding benefits for travel goods that could add another $5-10 million per month once data are revised. GSP savings exceeded $1 million for 41...
Continue readingEarlier this week we heard from Custom Direct, Inc., yet another supporter list company urging Congress to pass a swift, retroactive GSP renewal. (Use these links to see the full list or add your organization.) Based in Plano, Texas, Custom Direct is a US supplier of luggage, bags and cases with 10 employees. The company works...
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