How Much Does GSP Save Your State?

President Trump terminates GSP for Turkey

Written on May 17, 2019 in California

Last night, President Trump signed a presidential proclamation terminating GSP for Turkey. The decision took effect immediately (May 17), following the March 4 notification of intent to terminate after at least 60 days. That 60-day minimum period ends on May 4. “We know who this will hurt – small but growing American businesses that dep...

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How canceling GSP for India would benefit China

Written on May 6, 2019 in China

A key finding of the recent report on GSP termination impacts was that over 30% of companies would look to source more from China if GSP benefits went away. That was about the same share of companies reporting they would source more from any of the approximately 120 remaining GSP countries, and much higher than...

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