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Monthly Archives: August 2013
August Poll: How Does GSP Expiration Impact You?
Yesterday, the Washington Post published an article on GSP expiration, in which it asked the rhetorical question: “theoretically, the tariffs get refunded when the program is finally reauthorized, so no big deal, right?” This is a problem we always face. … Continue reading
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Washington Post on GSP Expiration: “Serious Cash Flow Issue”
This morning, the Washington Post’s Wonkblog featured a post on the impacts of GSP expiration. The article highlights two very points. First, even if tariffs are refunded retroactively, expiration creates a serious financial burden for small businesses that cannot afford … Continue reading
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GSP Notes from a Small Island
With Congress gone, we took the opportunity to head back to Jamestown, RI to visit family – but that doesn’t mean we’ve stopped thinking about GSP. In fact, just yesterday while grabbing coffee in the town, we came across a … Continue reading
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Reactions to GSP Expiration
With Wednesday’s expiration of the GSP program and the upcoming recess ensuring at least six weeks of higher taxes – and possibly much longer – there is lots of frustration among GSP importers. But we’re not alone. New U.S. Trade … Continue reading
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Coalition for GSP: American Companies Frustrated by Congress’ Inability to Renew Generalized System of Preferences Program
This morning, the Coalition for GSP put out a press release on yesterday’s expiration of the GSP program. As noted by Executive Director Laura Baughman: “GSP’s expiration will be a financial blow for thousands of American companies that rely on the … Continue reading
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