Think products that are imported into the United States free of tariffs (taxes) under the U.S. Generalized System of Preferences (GSP) program don’t matter to you? Think again. Previously, we’ve shown some of the products found around the house that people (and their pets) use every day. But that’s just the beginning: here’s...
Continue reading[getty src=”172709561?et=GcWiOQ7veUCcIPCXAam_nQ&sig=4GqngzqV2fttUS29IMlV1bAT_d8n-2VMK47gpxuFRgs=” width=”450″ height=”354″] Tax day. For some that means refunds and others it means cutting a check to Uncle Sam. For GSP importers, it means another $1.8 million in higher import taxes (in addition to corporate t...
Continue readingWhen February 14 rolls around every year, very few people think about expired trade programs. But perhaps they should. In particular, Members of Congress should take a moment to realize how allowing programs like GSP to remain expired can increase costs on what should be one of the sweetest days of the year. Don’t get...
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