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Congress raises Valentine’s Day costs

Written on February 14, 2023 in USA

Most people know that Valentine’s Day is the #1 holiday for rose sales in the United States. Demand for many other gift items surges too. Sadly, Americans are paying extra taxes on roses and many other gift items because Congress has failed to renew GSP. Let’s look first at flowers. Last Friday, U.S. Customs and...

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118th Congress: GSP expiration survey

Written on January 24, 2023 in USA

The 118th Congress is off to a slow start, after the 117th Congress was the first to let GSP remain lapsed in its entirety in the program’s nearly 50-year history. Not only is this the longest expiration in GSP’s history, the tariff costs associated with expiration will soon be at least twice as high as...

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