The potential GSP expiration is 7 months away, but companies are already in a very tough spot. 2018 pricing and sourcing decisions must be made now (or soon), but companies can’t know whether their imports will remain duty-free. Congress’ tendency to wait until the last minute to act, or retroactively after the fact, doesn’t help....
Continue readingCongress is a very deadline-driven organization. It may not always hit them, but it generally focuses on the next immediate deadline. So a GSP expiration 7+ months away seems like an eternity given all the other deadlines before then. Businesses must think differently. Long lead times between placing orders and US delivery means GSP importers...
Continue readingOn Monday, U.S. Secretary of Commerce Wilbur Ross honored 32 U.S companies and organizations with the President’s “E” Award. Secretary Ross stated: “Job creation is a top priority for the Trump administration. As we kick off World Trade Week, it is a pleasure to honor these companies who increase our domestic exports and cre...
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