Category: GSP

GSP Expiration Survey (Requested by Member of Congress)

Written on March 11, 2014 in GSP

A few weeks back, a number of companies and business associations had an in-district meeting with a Member of Congress that would like to become more engaged on GSP renewal. But first, this Congressman would like to learn more about the impacts of GSP expiration. So we designed the following survey answer the Congressman’s specific...

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GSP Supporter List Tops 500 Organizations

Written on March 5, 2014 in GSP

With the latest update, there are now 501 American companies and associations calling on Congress to pass an immediate, retroactive GSP renewal. Since the beginning of 2014, 75 organizations have added their name to the supporter list – more than 1 per day. You can see the full list, broken out by state and congressional...

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GSP in 2013: Companies Should’ve Saved…Could’ve Hired?

Written on February 12, 2014 in GSP

According to new data released last week, American companies imported $18.5 billion worth of GSP-eligible products in 2013. GSP should have reduced taxes on those companies by nearly $700 million. Instead, companies had to pay about $280 million in higher taxes because Congress allowed GSP to expire on July 31. TRInternational, Inc. (TRI), a global...

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