Category: Background

Quick Hits from GSP Expiration Poll

Written on May 20, 2011 in Background

About 90 companies have responded to our GSP Expiration Poll.  If your company is impacted and you haven’t responded yet, please do so at the link above!  We’ll compile a formal report after we get some more responses, but a couple quick takeaways from the answers to date: Retroactive vs. Prospective Renewal – the overwh...

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$100 Million – The Cost for 2 Months of GSP Expiration

Written on April 12, 2011 in Background

The U.S. Census Bureau released trade data today for February 2011, allowing us to update our GSP expiration costs.  Through the first two months of the year, American companies paid an estimated $100 million in tariffs on (previously) GSP-eligible products.  Perhaps that is why nearly 160 companies and associations have already added the...

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