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Ohio Small Biz: At Least 3 Net Jobs Tied to GSP Refunds

Written on August 28, 2015 in GSP

They say a picture is worth a thousand words. The pictures above (or at least the checks in them) are worth SO much more. The checks are the first GSP refunds for The Cannon Group, a small business in Westerville, Ohio that imports plastic bags for newspapers from Sri Lanka. For nearly 2 years while...

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GSP Expiration Cost Another $54 Million in November 2013

Written on January 10, 2014 in Brazil

Big trade news out of Washington yesterday: data released showed that $1.4 billion in GSP-eligible goods were imported in November. Unfortunately, since GSP was expired, American companies paid an extra $53.7 million in taxes. Most of the companies paying those taxes are small businesses that can least afford them. Nearly 80 percent of companies on...

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