That question was asked by a respondent to our GSP Expiration Poll.* Unfortunately, the question is not simply rhetorical. The Connecticut-based company has less than 25 employees, but its tariff payments have increased by $45,000 to $70,000 per month since GSP expired. According to the company: “We have had to slash o...
Continue readingMore than 50 companies have responded to our GSP expiration poll. We’re particularly grateful for the responses that provide the context in which companies are dealing with GSP expiration and the new tariff costs. If you don’t think Congress needs to pass an immediate, retroactive, and long-term renewal of GSP, try reading t...
Continue readingAs of this morning, the GSP Supporter List now has more than 200 companies and trade associations urging Congress to pass an immediate, retroactive renewal of the GSP program. You can see the full list – as well as instructions to add your company – here. The companies are headquartered in 37 states (plus DC...
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