Yesterday’s trade data showed that American companies paid an estimated $59.6 million in new taxes on $1.5 billion worth of previously GSP-eligible imports in June, bringing the total tariffs paid to $335 million in tariffs on $8.8 billion worth of imports in the first half of the year. Last week, we noted noted that Congress...
Continue readingKevin Frank, president and CEO of Voith Hydro’s North American operations, penned a great op-ed for today’s Congress Blog at The Hill. In it, Frank argues that: “Businesses that have remained competitive due in part to their use of the program are now burdened with significant – and unexpected – costs. These new ...
Continue readingThe newest in “The American Faces of GSP Expiration” series. This small, New Mexico-based designer and manufacturer of custom door hardware may have to lay off employees because of increased GSP tariffs. We’re looking for more companies to be profiled in our “Faces” series, so please click here if you’re wi...
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