New York Times Editorial on Congress, GSP Renewal
Today’s New York Times ran an editorial called No Way to Run a Trade Policy. The article describes the current battle over the pending expiration of the Andean trade preferences and the TAA program and highlights GSP’s expiration last December. In short, it argues that: Lawmakers need to look beyond their noses and extend al...
Continue readingHydration Systems from the Philippines
When you look at a list of U.S. tariff codes, it’s often hard to visualize the products being described. One exception is U.S. harmonized tariff schedule (HTS) number 4202.92.04: “Insulated beverage bag w/outer surface textiles, interior only flexible plastic container storing/dispensing beverage thru flexible tubing.” To ou...
Continue readingAluminum Foil Imports from Brazil, Armenia Save Millions for Domestic Manufacturers
Behr Dayton manufactures engine cooling and air conditioning technology for the automotive industry in a 1.1 million square foot facility in Dayton, Ohio. According to Heinz-J. Otto, President and CEO of Behr America, the 1,000 workers in Dayton “make engine-cooling and air-conditioning components and systems for cars built by GM,...
Continue readingThe Cost of One Month of GSP Expiration
As of midnight tonight, it will be exactly one month since Congress allowed GSP to expire. Since trade data reporting lags by about 6 weeks, we can’t know the value of January 2011 imports until mid March. We’re impatient, though, so we looked at imports under GSP in January 2010 to see what GSP expiration...
Continue readingGSP Renewal Finds Itself in a…Pickle?
Americans love their pickles. According to Pickle Packers International and its I Love Pickles website, we eat 2.5 billion pounds of pickles every year, or 20 billion pickles total. I Love Pickles has many other fun facts, but GSP didn’t make the cut. Perhaps it should have, since more than $30 million worth of jarred...
Continue readingGenerator Parts from Thailand
There’s a company in Louisville, Kentucky that designs, manufactures, and services Heat Recovery Steam Generators, or HRSGs. Basically, HRSGs increase energy efficiency by capturing the hot exhaust from a gas turbine and turning it in to steam that can be used to power another turbine. The Kentucky-based company imports parts for its HR...
Continue readingGSP Article from Politico
Politico posted an article today on the expiration of GSP. In the article, Coalition for GSP Executive Director Laura Baughman highlights the 80,000 American jobs supported by GSP imports and calls the companies harmed by the lapse in trade preferences “innocent victims.”
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Continue readingLocating GSP Importers
Surprisingly, it is very hard to know who benefits from GSP tariff savings, since the US government does not publish that information from the import records. Some people call us up and tell us their story. We read about other companies in official submissions when the government (typically the Office of the U.S. Trade Representative).....
Continue readingGSP Reduces Costs for Green Technologies
Lithium carbonates are one of the primary raw materials needed to manufacture next-generation lithium-ion (Li-ion) batteries used in electric and hybrid-electric cars. Light-weight but power-dense, Li-ion batteries store more energy than regular batteries and allow electric and hybrid cars to go further between charges. As noted in this recen...
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