This morning, Ambassador Ron Kirk, the U.S. Trade Representative, called on Congress to renew GSP program. As part of his opening remarks this morning at a House Ways and Means Committee hearing on the Obama administration’s overall trade agenda, Kirk stated: Congress should also keep faith with the world’s poor and create America...
Continue readingAs of midnight tonight, it will be exactly one month since Congress allowed GSP to expire. Since trade data reporting lags by about 6 weeks, we can’t know the value of January 2011 imports until mid March. We’re impatient, though, so we looked at imports under GSP in January 2010 to see what GSP expiration...
Continue readingSurprisingly, it is very hard to know who benefits from GSP tariff savings, since the US government does not publish that information from the import records. Some people call us up and tell us their story. We read about other companies in official submissions when the government (typically the Office of the U.S. Trade Representative).....
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