Congress allowed the GSP program to expire on December 31. With tariff savings of nearly $3 million per day, GSP expiration likely has cost American companies over $70 million in new taxes. We recently spoke with Patrice Gerber, Founder/CEO of small business Kouboo LLC in Laguna Beach, California – one of those hurt by GSP...
Continue readingCoalition for GSP Executive Director Dan Anthony released the following statement regarding Congress’ failure to reauthorize the Generalized System of Preferences (GSP) program, which expires on December 31, 2020, as part of the Omnibus spending package: American businesses are incredibly frustrated and disappointed that Congress failed...
Continue readingJobless claims rose for the second straight week to a level not seen since the end of summer, following a mere 245,000 jobs added in November. The situation is expected to get worse before it gets better. What would be the opposite of relief for small businesses and workers that Congress always claims to be...
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