As 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 readingThis morning I saw the interesting news release “GSP: Sleeping Bags and Tropical Fruit.” It was posted last week on the website of iTi Tropicals in Lawrenceville, New Jersey, which sources tropical fruit juice, puree & concentrates from South America and Asia. The title of the news release caught my eye because who, afte...
Continue readingThe U.S. Government released the trade data for January 2011 today, so this is the first time we’ve been able to see the actual costs of GSP expiration. The number isn’t pretty: $54.4 million in tariffs paid on about $1.5 billion worth of (previously) GSP-eligible products. How does this affect American companies, or as we.....
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