Based on data released this week, continued GSP expiration cost American importers another $60 million in April 2015. At nearly $2 million a day in higher taxes, GSP expiration’s estimated cost through today (June 5) is about $1.23 BILLION paid by American companies. Since the Senate approved GSP legislation by a vote of 97-1, American...
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GSP-eligible acrylics in action at the underwater Ithaa restaurant in the Maldives Below are some new responses to our GSP reauthorization survey from companies in Colorado, Maryland, and Texas (to go along with responses highlighted yesterday and the day before). With the Senate Finance and House Ways and Means Committees both expecting to ho...
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Written on July 22, 2014 in
Brazil
We frequently note that each day of GSP expiration costs American importers nearly $2 million in additional taxes. We also highlight the diverse GSP importers that are on the supporter list. But we don’t know how many other GSP importers might be paying those taxes on any given day. So we decided to conduct an...
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