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Clark Griswold would hate GSP expiration

Written on December 23, 2021 in USA

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...

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October 2021 would’ve been the highest month ever for GSP savings – if GSP wasn’t expired

Written on December 8, 2021 in Alabama

Based 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...

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