Based on an analysis of new U.S. Census Bureau data, American companies paid at least $3.36 billion in new tariffs from January 2021 and December 2023 due to GSP expiration. Imports into 8 states have faced $100+ million in extra tariffs because Congress let GSP expire, and 10 more states have faced between $50 million...
Continue readingWatching National Lampoon’s Christmas Vacation is a holiday tradition for many. Sadly, writing about how much Clark Griswold would hate GSP expiration has become a bit of a tradition itself, with this being the 3rd straight year that Americans are stuck paying extra tariffs on Christmas lights due to Congress’ continued failure to renew...
Continue readingToday, the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, led by Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL), adopted nearly 150 policy recommendations in a bipartisan report that “outlines a strategy to fundamentally reset the United St...
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