Based on an analysis of new U.S. Census Bureau data, American companies paid $2.6+ billion in new tariffs from January 2021 and April 2023 due to GSP expiration. Imports into 8 states have faced $100+ million in extra tariffs because Congress let GSP expire, and 22 more states have faced between $10 million and $60...
Continue readingLast week, approximately 60 GSP advocates met with Members and staff for 90+ Congressional offices from 20+ states – or almost 20% of the 118th Congress. The Coalition for GSP’s lobby day was an opportunity for GSP users to share their expiration stories directly with key Members, including new House Ways & Means Committee Chairman....
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Most people know that Valentine’s Day is the #1 holiday for rose sales in the United States. Demand for many other gift items surges too. Sadly, Americans are paying extra taxes on roses and many other gift items because Congress has failed to renew GSP. Let’s look first at flowers. Last Friday, U.S. Customs and...
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