New data show that imports from China increased 62x more than GSP imports in the first half of 2021. Triad Magnetics in Perris, California helps explain the trend: GSP expiration has already cost the company $200,000 in extra tariffs, leading to reduced orders from the Philippines and increased orders from China. Triad Magnetics manufactures transf...
Continue readingAccording to new research from the Coalition for GSP, expiration of the Generalized System of Preferences (GSP) program cost American companies at least $83 million in May 2021. Congressional authorization for GSP expired on December 31, 2020. In the first six months of expiration, American companies paid at least $480 million in extra taxes as...
Continue readingCiranda, Inc. employs 55 people in Hudson, Wisconsin. Founded in 1994, Ciranda supplies certified organic and non-GMO ingredients – with a focus on sustainable supply and fair trade practices – to American brands and manufacturers. In 2017, Ciranda became a 100% employee-owned company. It is among the many companies in the United States...
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