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[email protected] • www.teppteamusa.com From the President’s Desk Dear Friends, costs to importers, retailers and end-users. Until By the time you receive this latest issue of July, 2013 when it expired, this production was AREA magazine, the snow should have finally exempt from duty under GSP (Generalized melted, blossoms are bursting on the trees and System of Preferences), a trade program that temperatures have risen above the teens!! reduced taxes on imports of several thousand This record setting cold winter, which non-sensitive products from certain developing depressed retail floor traffic as well countries. The ORIA is working as our spirits, has thankfully with the Coalition for GSP to push passed. We fully expect store sales for its reinstatement. can now finally reflect the robust There are, of course, legitimate business we saw during Atlanta and reasons for tariffs and duty-i.e., to Las Vegas markets in January and support threatened domestic manu - the vitality we expect to see at the facturing. However, to the best of upcoming Spring High Point my knowledge, there is virtually no Market, where many our members domestic production of hand-tufted exhibit.