Yesterday, we added four new organizations to the GSP supporter list: Haribo in Baltimore, MD Oceanic Linkways in North Brunswick, NJ SAM HPRP Chemicals in Eden Prairie, MN The National Fisheries Institute In total, the brings us to 446 organizations that want – and need – Congress to renew GSP. If we added four yesterday,...
Continue readingThis morning, we added our newest company to the GSP Supporter List: Ferndale, Washington-based Kona Bicycle Company. Located in 1st Congressional District, the 27-employee company imports from Cambodia under GSP. Kona isn’t the only new company calling on Congress to renew GSP before it expires on July 31. Other new additions include: ...
Continue readingThe Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Minnesota companies an estimated $4.4 million in 2011. Minnesota companies imported an estimated ...
Continue reading