Written on September 29, 2020 in
Florida
Vtronix in Miami Gardens, Florida provides custom-designed, UL-approved control panels to small- and medium-sized American manufacturers of air conditioning and heating equipment. It has 5 employees and several contract warehouse workers in Florida. GSP eliminates $25,000 to $30,000 in tariffs annually on panels designed in the United States and ma...
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GSP is scheduled to expire in a little over 3 months – and Congress will not be in Washington for most of that time. The Coalition for GSP is launching a new effort to collect video testimonials from companies sharing why they need Congress to renew GSP. Our first video comes from Xpres LLC in...
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Written on September 9, 2020 in
Thailand
In late April, the United States suspended duty-free treatment for about 1/3 of Thailand’s imports under GSP. Lost GSP for Thailand cost importers up to $17 million in extra taxes from May to July; another burden for American GSP importers hurt by the Covid-19 pandemic and recession. New data suggests cloth face masks are the...
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