This week, more than 460 American companies and organizations sent a joint letter to every Member of Congress with a simple message: we cannot wait any longer for Congress to renew GSP. The signatories included 23 associations and 440 companies located in 43 states, 237 congressional districts, the District of Columbia and Puerto Rico. The...
Continue readingAs we noted last Friday, GSP expiration cost another $54 million in November. In total, expiration increased import taxes by more than $228 million from August to November, raising prices for companies in every state. Just how much varies greatly by state, as shown below. California companies paid an estimated $34 million in new import...
Continue readingWe hope everyone has a happy and safe holiday season. Of course, just because it’s Christmas doesn’t mean people aren’t still thinking about GSP. One company – Plastics Provider Inc. in Conway, South Carolina – even added its name to the GSP Supporter List this morning! Hopefully Congress will stop being grinches and r...
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