That’s from one of the newest responses to our GSP expiration poll. More than 75 percent of this small, Arizona-based company’s revenues come from products imported under GSP, so it has experienced across-the-board cost increases since GSP expired. Often, the smallest businesses are hurt the most by expiration. Take the comp...
Continue readingAs promised last week, we updated the GSP Supporter List by CD to include secondary locations for signature companies. As a result, the GSP Supporter List now covers about 400 locations found in 230+ congressional districts. Even this updated version vastly understates the geographical “footprint” of the companies, since we did no...
Continue readingOver the weekend, we were tipped off to the website for Megabeadstore, which is based in Albany, California. The company imports component jewelry parts, and GSP waived tariffs of 5.0 percent to 13.5 percent. To date, Megabeadstore has absorbed the cost of the new tariffs in the hopes that Congress would act quickly to renew...
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