Based on data released this week, continued GSP expiration cost American importers another $58 million in August 2014. For a number of states – Georgia, Kansas, Michigan, Missouri, New Hampshire, Wisconsin, and Wyoming – August 2014 was the most costly month to date in terms of tariffs paid. (Depressing that we now must use the...
Continue readingA report released today by the Coalition for GSP adds further urgency to the need to Congress to renew GSP immediately. The report, Lost Sales, Investments, and Jobs: Impact of GSP Expiration After One Year, catalogs the impacts of GSP expiration on more than 200 companies and shows that delayed renewal is forcing companies to...
Continue readingBefore leaving for the holiday weekend, please answer the GSP expiration impact survey if you haven’t already. It should only take a few minutes. We want the best report possible waiting when Congress returns to DC on September 8, which requires responses from as many GSP importers as possible. All company responses will remain confidential.....
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