So should any Member of Congress or Administration official that wants supply chains to move out of China. We’re not talking about crazy cousins or wet carpets or squirrels in trees. We’re talking about Christmas lights, one of the thousands of products impacted by continued expiration of the Generalized System of Preferences (GSP) trad...
Continue readingBased on an analysis of new U.S. Census Bureau data released yesterday, expiration of the Generalized System of Preferences (GSP) program cost American companies at least $110 million in October 2021. Had congressional authorization for GSP not expired on December 31, 2020, it would’ve been the highest month of tariffs eliminated in the histo...
Continue readingTomorrow, the House Ways & Means Trade Subcommittee will hold a “Hearing on Supporting U.S. Workers, Businesses, and the Environment in the Face of Unfair Chinese Trade Practices.” While not technically related, the hearing follows the November announcement that the House and Senate will “conference” China competition bi...
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