GSP is scheduled to expire in a little over 3 months – and Congress will not be in Washington for most of that time. The Coalition for GSP is launching a new effort to collect video testimonials from companies sharing why they need Congress to renew GSP. Our first video comes from Xpres LLC in...
Continue readingThis week we heard from two small businesses impacted by GSP expiration – Sugarpod LLC in Hillsboro, Oregon and Inplac in Charlotte, North Carolina – that reported paying $24,959.85 and $30,172.01 so far because of GSP expiration. Not $25,000 and $30,000, or even $24,960 and $30,172, but $24,959.85 and $30,172.01. Because every penny of...
Continue readingLast week, the House passed GSP renewal legislation by a vote of 400-2. Though Senate procedural rules make a stand-alone vote in the Senate unlikely, the expected result would be similar. (The last Senate vote was 97-1.) Despite overwhelming support in the House and Senate – and Administration support for a 3-year renewal – American...
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