More on GSP/Sessions from Scott Lincicome

Written on February 4, 2011 in GSP Press

Scott Lincicome’s blog had a good post yesterday on how GSP’s expiration runs counter to Senator Sessions’ desire to lower taxes on U.S. businesses.  He even references one of the earlier Renew GSP Today posts.  Definitely worth a quick read.

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Another Editorial (WSJ) on GSP Expiration and Congress

Written on February 4, 2011 in GSP Press

Following yesterday’s piece in the New York Times, the Wall Street Journal published an editorial today called Fair Trade for One (note: we updated the link to a non-gated version, although this may change).  The article focuses primarily on Senator Jeff Sessions’ decision to hold up GSP renewal to benefit a company in Alabama, whi...

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New York Times Editorial on Congress, GSP Renewal

Written on February 3, 2011 in GSP Press

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...

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Hydration Systems from the Philippines

Written on February 2, 2011 in California

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...

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The Cost of One Month of GSP Expiration

Written on January 31, 2011 in Background

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...

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GSP Renewal Finds Itself in a…Pickle?

Written on January 28, 2011 in Company Stories

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...

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Generator Parts from Thailand

Written on January 27, 2011 in Company Stories

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...

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GSP Article from Politico

Written on January 26, 2011 in GSP Press

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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