We’ve heard from multiple companies over the last week about impacts to date from GSP expiration. Responses show not only the costs of delay for American jobs and workers – but how allowing GSP to expire undermines other U.S. trade policies/priorities. Here are some of the comments on: Worker impacts from a small business that...
Continue readingAmerican companies paid at least $70 million in tariffs in January 2021 due to GSP expiration. The map below shows estimated tariffs for products claiming GSP paid by state. The products facing the most new tariffs vary greatly by state: In Florida, roses faced more than $1.8 million in new tariffs due to GSP expiration...
Continue readingAccording to new research from the Coalition for GSP, expiration of the Generalized System of Preferences (GSP) program cost American companies nearly $70 million in January 2021. Congressional authorized for GSP expired on December 31, 2020. Failure to renew GSP is already costing American companies and workers. One California small business with ...
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