Brian Miles from chemical distributor I. Stern & Co. in Clark, New Jersey doesn’t believe it can “sustain all of our salespeople if we are put into an uncompetitive price situation caused by the additional duty costs for our raw materials.” Thomas Snyder of Warehouse Associates in Indianapolis, Indiana, which supplies componen...
Continue readingA new survey this week asked how companies would respond in the first 3 months of 2018 if GSP expires after December 31. A few dozen companies already responded and the results are a bit surprising at first glance. (If you haven’t taken it yet, please take a moment to do so here.) Delaying planned...
Continue readingHigh GSP savings levels continued in October: GSP saved American companies $82 million on about $2.0 billion in imports – more than any other month all the way back to October 2006. GSP imports were up by 22 percent – and tariffs savings were up by 28 percent – compared to October 2016. Year-to-date savings...
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