GSP saved American companies a record $105 million in October 2018. The savings exceeded the previous 10-year high – set just two months earlier – by $12 million (13%). GSP savings are on track to exceed $1 billion in 2018, likely for the first time in GSP’s 40-plus year history. As recently as 2015, GSP...
Continue readingThis morning we received an email from Halsted Corporation, 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.) Halsted has 30 employees and has paid $15,000 in extra tariffs since GSP expired a few weeks back. Nationally,...
Continue readingXpres LLC is a manufacturing and decorating enterprise based in North Carolina. In business for more than 25 years, Xpres imports blank ceramic mugs from Thailand that are customized at its Winston-Salem headquarters. Without GSP, these ceramic mugs face import taxes of 10 percent, putting Xpres at a disadvantage to lower-cost mugs customized and i...
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