New Jersey Small Business Explains Impacts of GSP Expiration, Renewal

EVCO International is a small business in Manalapan, New Jersey that imports marble kitchenware and bath accessories from Indonesia and India and kettles from Thailand. When GSP expired and EVCO tried to raises prices, sales fell. Higher costs impacted both EVCO’s US sales and its exports from New Jersey to South America, Europe, Canada. As.....