Written on February 27, 2018 in
Brazil
In the last month before GSP expired on December 31, it saved American companies $79 million on about $1.8 billion in imports. GSP imports were up by 17 percent – and tariffs savings were up by 29 percent – compared to December 2016. Total 2017 savings from GSP increased at least $136 million over 2016....
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Written on February 19, 2018 in
Florida
Last week, the House overwhelming approved GSP renewal legislation (HR 4979) but a vote of 400-2. The statements in support of GSP renewal were as strong as the final vote. Several Members highlighted how GSP savings can help companies lower costs, hire workers, and invest in their businesses and employees: Ways and Means Chairman Kevin...
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Today we heard from Fast-Pak Trading, one of the nearly 400 GSP supporter list organizations advocating for swift, retroactive GSP renewal. (Use these links to see the full list or add your organization.) Based in Secaucus, New Jersey, Fast-Pak has 11 employees and imports food products from Macedonia under GSP. Its products are sold in...
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