Bloomberg News has an article today on GSP expiration called “Sleeping-Bag King Forces Duties on $22.6 Billion in U.S. Imports.” Unfortunately, the link is for subscribers only, but it makes some interesting points. Here’s one fun fact: $22.6 billion worth of GSP imports in 2010 must now pay tariffs to prevent GSP benefits f...
Continue readingThat’s the takeaway from an article in today’s Roll Call about sleeping bags and GSP renewal. The article notes that Senator Sessions is content to block GSP renewal because “he believes he’s on the side of fairness.” Do you think it’s “fair” that companies throughout the United States are being...
Continue readingThe front page of the New York Times’ Business Section has an article today on the stalled trade agenda. It notes that GSP has expired “for parochial reasons, not partisan ones,” and reminds us once again that the entire program is being held up for just one company. It goes on to say that: Mr....
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