Today we added the 572nd organization to the GSP supporter list. The number 572 doesn’t have any special significance (although it is one of these), but we thought it was a good time to highlight those calling on Congress to renew GSP. You may notice that many of these sentences are well under 140 characters....
Continue readingEveryone likes to start the weekend on a positive note, right!?!? So we’re sorry to report that new data released this week showed that American companies paid another $61 million in unnecessary taxes in April because Congress still has not renewed the Generalized System of Preferences (GSP) program. More than a quarter of those taxes...
Continue readingAccording to new data released this week, GSP expiration cost American importers another $56.9 million in higher import taxes in March on $1.6 billion in GSP-claimed imports. That brings the total tariffs paid because of expiration to $441 million from August 1 to March 31. Since GSP has been expired for an additional 6 weeks...
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