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...
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May is World Trade Month. For most people, that means a chance to talk up the benefits of exports for American jobs. Yet for many American companies – and users of the U.S. Generalized System of Preferences (GSP) program in particular – access to imports has an important, positive, U.S. job impact that is too...
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[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...
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