Monthly Archives: August 2011

Radio Story on GSP

Last week, Public Radio International’s (PRI) The World featured a radio story on GSP expiration and its impact on small businesses.  You can listen to the story or read the transcript here. GSP Supporter List companies dZi and Swing Design, … Continue reading

Posted in GSP, GSP Press, Massachusetts | 1 Comment

Email from a Cambodian Producer

The other day, we received an email from a bicycle manufacturer in Cambodia that has been hurt by GSP expiration. Typically, we focus only on the impacts to American companies here, but this is a story that should be told. … Continue reading

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Early Responses to August Recess Poll

We want to thank the companies that have responded to our latest poll and provide some quick results.  Responses vary greatly for not only the financial impact of GSP expiration, but among the companies themselves. Poll Response Ranges Number of … Continue reading

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Quarterly Report Says GSP Expiration Led to Declining Profits

Fort Lee, New Jersey-based Empire Resources issued its quarterly report for the first half of 2011 yesterday.  Empire Resources is a distributor of value-added, semi-finished aluminum and steel products and serves more than 200 customers in the transportation, automotive, housing, … Continue reading

Posted in Company Stories, GSP, New Jersey | Leave a comment

GSP Expiration Cost $60 Million in June; New Poll on Cost of August Recess!

Yesterday’s trade data showed that American companies paid an estimated $59.6 million in new taxes on $1.5 billion worth of previously GSP-eligible imports in June, bringing the total tariffs paid to $335 million in tariffs on $8.8 billion worth of … Continue reading

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Great GSP Op-Ed from Voith Hydro

Kevin Frank, president and CEO of Voith Hydro’s North American operations, penned a great op-ed for today’s Congress Blog at The Hill.  In it, Frank argues that: “Businesses that have remained competitive due in part to their use of the … Continue reading

Posted in Brazil, GSP, GSP Press, Pennsylvania | 1 Comment