A report released today by the Coalition for GSP adds further urgency to the need to Congress to renew GSP immediately. The report, Lost Sales, Investments, and Jobs: Impact of GSP Expiration After One Year, catalogs the impacts of GSP expiration on more than 200 companies and shows that delayed renewal is forcing companies to...
Continue readingOn Friday we wrote about these being very tough times for many GSP importers. As we compile responses from our most recent survey, it’s painful to read about how lives have been hurt by GSP expiration. And why? At the most basic level, these people are suffering for two reasons: *only* 99 percent of Senators...
Continue readingWe continue to receive responses to our survey on the impacts of GSP expiration after 1 year. To be blunt, they are not pretty. Here are a couple responses we heard this morning: One small business in Illinois laid off a worker yesterday. They have also delayed two hires, so instead of 12 employees they...
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