Written on June 27, 2017 in
Alabama
Yesterday, Indian Prime Minister Narendi Modi met with President Donald Trump at the White House. Following those meetings, the two leaders committed to “intensify their economic cooperation to make their nations stronger and their citizens more prosperous,” including a specific commitment to “removing obstacles to growth and jobs...
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Sophia Foods is a family-owned specialty food distributor founded in 1991. It strives to bring specialty products from around the world to consumers at low prices. GSP is vital in allowing Sophia Foods to keep prices competitive. Sophia Foods was forced to lay off workers each of the last two times Congress allowed GSP to...
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The potential GSP expiration is 7 months away, but companies are already in a very tough spot. 2018 pricing and sourcing decisions must be made now (or soon), but companies can’t know whether their imports will remain duty-free. Congress’ tendency to wait until the last minute to act, or retroactively after the fact, doesn’t help....
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