GSP saved American companies $79 million in September, the most since March as imports continue to recover from the Covid-19 pandemic and recession. In the first 9 months of 2020, GSP saved American companies $630 million. GSP is on track to save between $850 million and $900 million in 2020, down from 2018/2019 due to...
Continue readingWhile all focus right now is on the need for Congress to renew GSP before December 31, the harm done by Administrative actions to American companies since GSP was last renewed in 2018 cannot be overstated. Since the last Congressional GSP reauthorization, American companies have paid up to $500 million in extra tariffs due to...
Continue readingTR International (TRI) is a chemical distributor based in Seattle, Washington. It employs 20 workers at its Seattle headquarters and 10 more at locations throughout the United States. It supplies imported and domestic chemicals to American manufacturers of paints, coatings, industrial cleaners, personal care products, hand sanitizers, and disinfect...
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