Category Archives: Tennessee

Importance of GSP Imports for American Jobs

The 2016 presidential elections have focused a lot on trade – and not in a good way. The remaining candidates on both sides of the aisle seem to be jockeying for the mantle of “Most Protectionist.” In current environment, it … Continue reading

Posted in GSP, Illinois, Imports Work, New Jersey, Small Business, Tennessee, Turkey, Washington | Leave a comment

GSP Renewal Allows Small Business to Hire 2 New Workers

Fab-Line Machinery, which has facilities in St. Charles, Illinois and Nashville, Tennessee, imports metal fabrication machinery from Turkey under GSP. The products, including hydraulic press breaks, hydraulic shears, and plasma cutting systems, are used by American manufacturers for domestic production. … Continue reading

Posted in GSP, Illinois, Tennessee, Turkey | Tagged , , , , , , , , , , , | Leave a comment

April 2015: The Most Expensive GSP Expiration Month Yet for 9 States

Based on data released this week, continued GSP expiration cost American importers another $60 million in April 2015. At nearly $2 million a day in higher taxes, GSP expiration’s estimated cost through today (June 5) is about $1.23 BILLION paid … Continue reading

Posted in Alabama, California, Colorado, Florida, Georgia, Illinois, Kansas, Michigan, Nebraska, New Mexico, North Dakota, Tennessee, Utah, Washington, Wisconsin | Leave a comment

One Day of GSP Expiration – Who Paid the Price on July 17?

We frequently note that each day of GSP expiration costs American importers nearly $2 million in additional taxes. We also highlight the diverse GSP importers that are on the supporter list. But we don’t know how many other GSP importers … Continue reading

Posted in Brazil, California, Cambodia, Colorado, Connecticut, Ecuador, Florida, Georgia, Illinois, India, Indiana, Indonesia, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oregon, Pakistan, Philippines, South Carolina, Sri Lanka, Tennessee, Texas, Thailand, Turkey, Uruguay, Virginia, Washington | Leave a comment

Companies in 18 States Paid $1+ Million in October Because of GSP Expiration

As we noted yesterday, GSP expiration cost American companies $62 million in October. California companies paid an estimated $9.1 million, but more than a third of states faced an extra million dollars in import taxes because GSP remained expired. Taxes … Continue reading

Posted in California, Connecticut, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia | Leave a comment

20 More Orgs Join GSP Supporter List

On Monday, we sent a letter signed by 234 American companies and associations urging renewal of GSP before July 31. Of course, as soon as the letter was finalized and sent, we started receiving emails from all sorts of new … Continue reading

Posted in Delaware, GSP, GSP Supporter List, Kentucky, Louisiana, Maryland, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas | Tagged , , , , , , , , , , , | Leave a comment

More Companies Call on Congress to Renew GSP

This morning, we added our newest company to the GSP Supporter List: Ferndale, Washington-based Kona Bicycle Company.  Located in 1st Congressional District, the 27-employee company imports from Cambodia under GSP. Kona isn’t the only new company calling on Congress to … Continue reading

Posted in Brazil, Cambodia, Connecticut, Georgia, GSP, GSP Supporter List, Illinois, India, Indonesia, Minnesota, New Jersey, New York, North Carolina, Ohio, Tennessee, Virginia, Washington, West Virginia | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment