Written on November 5, 2020 in
USA
GSP saved American companies $79 million in September, the most since March as imports continue to recover from the Covid-19 pandemic and recession. In the first 9 months of 2020, GSP saved American companies $630 million. GSP is on track to save between $850 million and $900 million in 2020, down from 2018/2019 due to...
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While all focus right now is on the need for Congress to renew GSP before December 31, the harm done by Administrative actions to American companies since GSP was last renewed in 2018 cannot be overstated. Since the last Congressional GSP reauthorization, American companies have paid up to $500 million in extra tariffs due to...
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Written on October 15, 2020 in
USA
This week Dan Anthony, Executive Director of the Coalition for GSP, joined the Yeutter Institute’s Trade Matters podcast to discuss GSP, its importance to American businesses, and potential expiration. The conversation covered lots of ground including: small business reliance – the typical GSP supporter company has 12 employees and save...
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