The Generalized System of Preferences (GSP) is a U.S. trade program that eliminates the tariffs (i.e., taxes) paid by American companies when they import certain products from about 130 developing countries around the world. GSP was created in the 1970s as part of an international effort to promote development through “trade, not aid.&r...
Continue readingA number of organizations and individuals in the trade policy community have been working on a new initiative called Imports Work for America Week with the goal of providing a chance to talk about how imports, in addition to exports, create benefits for the U.S. economy. Imports Work for America Week will take place May...
Continue readingGreat news today (from one of our GSP Supporter List companies) that its GSP refunds had arrived. We knew refunds were scheduled to start going out last Friday, but this is the first we’ve heard from someone with check in hand. Although most of us would probably like to forget the last GSP renewal fight,...
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