As the House and Senate try to move ahead on a China competition package, including GSP renewal, we expect a lot of questions on constituent impacts of expiration (or possible changes). Please take a moment to answer the survey below to ensure we can provide the best possible information to them. More details is better...
Continue readingYesterday, Democrats in the House of Representatives introduced its China competitiveness package, the “America COMPETES Act” (H.R.4251). The text is available here. House Democrats hope to pass the bill as soon as next week so they can enter conference negotiations with the Senate, which passed its bipartisan version of a competitive p...
Continue readingBased 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 $98 million in November 2021. From January-November 2021, American companies paid at least $971 million in extra taxes due to GSP expiration. Those figures are the absolute minimu...
Continue reading