Six more companies added their names to the GSP Supporter List since yesterday, bringing the total to 404 American companies and associations calling for the immediate, retroactive renewal of the GSP program. The 380+ companies on the list are incredibly diverse… They are headquartered in 42 states (plus DC) and 221 congressional districts a...
Continue readingBased on new data released Friday, the continued expiration of the GSP program cost U.S. importers $62 million in October, bringing the total cost to more than $175 million in the first three months. Of course, it’s now December 9 so the actual taxes paid are much higher. American companies paid the highest taxes on...
Continue readingThis comes from a recent GSP supporter list company that imports from India, Indonesia, and Nepal: We are a company located in a small town where the economy is fragile and the rate of unemployment is very high. If we have to pay duties for merchandise under GSP we don’t know if we will be...
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