More than 50 companies have responded to our GSP expiration poll. We’re particularly grateful for the responses that provide the context in which companies are dealing with GSP expiration and the new tariff costs. If you don’t think Congress needs to pass an immediate, retroactive, and long-term renewal of GSP, try reading t...
Continue readingAs 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 readingOver the weekend, we were tipped off to the website for Megabeadstore, which is based in Albany, California. The company imports component jewelry parts, and GSP waived tariffs of 5.0 percent to 13.5 percent. To date, Megabeadstore has absorbed the cost of the new tariffs in the hopes that Congress would act quickly to renew...
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