Fab-Line Machinery in Nashville supplies metalworking equipment (e.g., press brakes and shears) to American manufacturers. With average machine costs of nearly $150,000, GSP eliminates about $7,500 per machine imported by Fab-Line from Turkey. When GSP expired in 2013, Fab-Line was forced to raise prices to compensate for those new import taxes. Ul...
Continue readingOn Monday, U.S. Secretary of Commerce Wilbur Ross honored 32 U.S companies and organizations with the President’s “E” Award. Secretary Ross stated: “Job creation is a top priority for the Trump administration. As we kick off World Trade Week, it is a pleasure to honor these companies who increase our domestic exports and cre...
Continue readingUniversal Arquati Moulding is a leading U.S. supplier of quality picture frame moulding, some of which is imported from Indonesia under GSP. In addition to its California headquarters, the company has facilities in Somerset, New Jersey and Carrollton, Texas and sales reps throughout the rest of the country. New tariffs from GSP expiration in 2013.....
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