Monthly Archives: January 2014

463 Organizations Sign Letter Urging Congress to Renew GSP

This week, more than 460 American companies and organizations sent a joint letter to every Member of Congress with a simple message: we cannot wait any longer for Congress to renew GSP. The signatories included 23 associations and 440 companies … Continue reading

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So Close to 450 GSP Supporters…

Yesterday, we added four new organizations to the GSP supporter list: Haribo in Baltimore, MD Oceanic Linkways in North Brunswick, NJ SAM HPRP Chemicals in Eden Prairie, MN The National Fisheries Institute In total, the brings us to 446 organizations … Continue reading

Posted in Maryland, Minnesota, New Jersey | Leave a comment

Costs of GSP Expiration by State: August-November 2013

As we noted last Friday, GSP expiration cost another $54 million in November. In total, expiration increased import taxes by more than $228 million from August to November, raising prices for companies in every state. Just how much varies greatly … Continue reading

Posted in California, GSP, Idaho, Kentucky, New Jersey, Oregon, Rhode Island, Texas, Utah | Leave a comment

GSP Expiration Cost Another $54 Million in November 2013

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 … Continue reading

Posted in Brazil, India, Indonesia, Philippines, Thailand | Tagged , , , , , , , | Leave a comment