“Real Risk of Having to Lay Off 1 or 2 Employees in the Near Future”
The newest in “The American Faces of GSP Expiration” series. This small, New Mexico-based designer and manufacturer of custom door hardware may have to lay off employees because of increased GSP tariffs. We’re looking for more companies to be profiled in our “Faces” series, so please click here if you’re wi...
Continue readingUpdated Version of GSP Supporter List by CD
With its most recent update, our Supporter List now includes companies operating in 42 states and 254 congressional districts. You can download the list of GSP Supporters by district here. You can add your company name by emailing here. California’s 30th (Henry Waxman) is the top district with eight companies. Iowa’s 1...
Continue readingHill Day to Push for FTAs, GSP
Spent this afternoon on Capitol Hill lobbying House offices on the need to pass the pending FTAs, including GSP. Special thanks to the US Chamber of Commerce, which led the 80+ person group of companies and associations that went door-to-door to meet with all 435 House offices. We handed out state GSP reports to numerous...
Continue readingNew: GSP State Report Page
This morning, we finished all the state-by-state reports on the costs of GSP expiration. In an effort to keep things simple, we created a separate “GSP State Reports” page where you can download individual reports for all 50 states on top GSP imports, tariffs paid since expiration, and companies urging GSP renewal. You can access....
Continue readingMore GSP State Reports
Below is the second batch of reports for Delaware, Florida, Georgia, Illinois, Iowa, and Kansas. If you operate in any of those states but are not on the GSP Supporter List, click here to add your name. Reports GSP Expiration Impacts-Delaware (May 2011) GSP Expiration Impacts-Florida (May 2011) GSP Expiration Impacts-Georgia (May 2011) GSP Ex...
Continue readingFirst Batch of GSP State Reports
Reduced posting hasn’t meant reduced work. Instead, we’ve been creating the state-by-state reports on the impacts of GSP expiration with the new trade data that came out last week. Below is the first batch of reports for Alabama, Arizona, Arkansas, California, Colorado, and Connecticut. If you operate in any of those states ...
Continue readingGSP Expiration Cost (Another) $58 Million in May
The trade data released by the Department of Commerce this afternoon showed that American companies paid an estimated $58.3 million in new taxes on $1.5 billion worth of previously GSP-eligible imports in May. Through the first 5 months of the year, U.S. businesses paid $276 million in tariffs on $7.3 billion worth of imports. Each...
Continue readingGSP State-Level Reports
Yesterday, we posted some of the state-by-state comparisons of GSP imports and tariffs paid through the first 4 months of 2011. We’d like to take this MUCH further and create separate documents for each state. Below is a “mock” mark up of a state report, to use the parlance of recent hearings:
Continue readingGSP Imports by State
In light of today’s Senate Finance Committee hearing, we decided to roll out some of our new GSP import data by state. For example, did you know that…. Five of the top six states in terms of tariffs paid through April because of GSP expiration are represented on the Finance Committee? Maryland, represented on the...
Continue readingHouse and Senate Hearings This Morning on FTAs
Can watch the 9:00 am Senate meeting by clicking here. Can watch the 10:00 am House hearing by clicking here.
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