The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Wisconsin companies an estimated $4.9 million in 2011. Wisconsin companies imported an estimated ...
Continue readingThis Sunday, millions of children will wake up with a basket full of candy, eggs, and other goodies. According to the National Confectioners Association, Easter is the second biggest holiday of the year for confectionery purchases (after only Halloween). In fact, 90 million chocolate bunnies and 16 billion jelly beans are made each yea...
Continue readingI tried to come up with a funny title (e.g., “Congress should at yeast pass a short-term GSP extension) but nothing jumped out at me, so we went with the simple statement of fact: American companies conducting cutting-edge research into animal nutrition import GSP-eligible yeast (or similar single-cell organizations). Most yeast imports...
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