Evidence continues to grow that the nearly year-long trade war is pushing companies to source more from GSP countries such as India, Thailand, Cambodia, Indonesia, and Turkey. The May 10 increase in tariffs on $200 billion in imports from China – and announcement that new tariffs on the remaining $300 billion in imports could come...
Continue readingGSP saved American companies $894 million in 2017, an increase of nearly $30 million from past estimates. The new estimates are based on revisions and updates from the U.S. Census Bureau published in June and August, and details on some of the increases are below. Even before upward revisions, U.S. companies’ tax benefits from GSP...
Continue readingFounded in 2000, Leila’s Linens offers a wide arrange of home décor products sold under brand names including Leila’s Home Living, Shifra Zadeh, and RLK. Its products also are sold under many private store brands. Leila’s Linens uses GSP benefits on imports from India, Indonesia, and the Philippines to keep costs low and pa...
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