Given the name/purpose of this site, we focus primarily on the direct impacts of GSP renewal. What we probably don’t focus on enough is how GSP duties pile on to a host of other challenges American companies currently face. Yesterday, we noted that Besa Lighting in Blacklick, Ohio (near Columbus) added its name to the...
Continue readingContrary to popular belief, most products imported under GSP are not finished consumer goods – they are raw materials, components, and other industrial goods used by American manufacturers for domestic production. Ferroalloys, which are used to produce steel, have seen the biggest increase in “imports under GSP” in the beginning o...
Continue readingAs March gets ready to turn to April and Congress seems no closer to renewing GSP than it was in December, there’s a real sense of despair among many companies that have relied on GSP in the past. Instead of trying to sugarcoat this, we decided to post some more emails we’ve received from readers...
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