Archive for: November 2021

How GSP helps workers in countries like Cambodia

Written on November 30, 2021 in USA

If someone hears “labor intensive manufacturing in Cambodia,” the mental image is probably nothing what they’d see by visiting the Montana Fly Company (MFC) factory in Phnom Penh. Based in Columbia Falls, Montana and founded in 1998, MFC now has distributors in every fly fishing country. The nature of MFC’s products – ...

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75 House Members support framework for restored GSP for India

Written on November 22, 2021 in India

On November 19, 75 Members of the House of Representatives sent a letter to U.S. Trade Representative Katherine Tai supporting U.S.-India negotiations, including a “framework for a deal that could be implemented soon after Congress reauthorizes the GSP program.” The letter was led by House Ways and Means Committee Members Suzan DelBene ...

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American companies paid another $97 million in tariffs due to GSP expiration in September 2021

Written on November 5, 2021 in Alabama

Based on an analysis of new U.S. Census Bureau data released yesterday, expiration of the Generalized System of Preferences (GSP) program cost American companies at least $97 million in September 2021. Congressional authorization for GSP expired on December 31, 2020. Citing these growing costs along side Covid-related and supply chain challenges, o...

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