As noted yesterday, GSP expiration cost American companies more than $56 million in September alone, and more than $110 million through the first two months. Not surprisingly, big states pay the most, but companies in all states are stuck paying higher taxes on previously duty-free goods. Here are the top 10 states ranked by the...
Continue readingWith Congress returning to DC and companies beginning to feel the sting of expiration, more and more American organizations are calling for immediate renewal of the GSP program.The map below shows the 20+ companies and associations – based in 16 states – have joined the supporter list since GSP expired, including the seven new additions...
Continue readingOn Monday, we sent a letter signed by 234 American companies and associations urging renewal of GSP before July 31. Of course, as soon as the letter was finalized and sent, we started receiving emails from all sorts of new organizations about their support for GSP renewal – and 20 different companies and associations have...
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