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. People assume that just because the money is typically refunded, retroactive renewals are not a problem for importers. We pushed back on that point in the article, but we’d love to hear from you about how expiration impacts YOU so we can provide more concrete examples going forward. The more info you can provide, the better. Thanks in advance!