How Much Does GSP Save Your State?

GSP Saved American Companies $72 Million in May 2017

Written on July 26, 2017 in Alabama

In May 2017, the GSP program saved American companies $72 million on about $1.8 billion in imports. GSP imports were up by 14 percent – and tariffs savings were up by 16 percent – compared to May 2016. Some states such as New Hampshire and New Mexico saw much larger increases in GSP imports and...

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GSP Company Profile: Summit Specialty in Alpharetta, Georgia

Written on July 24, 2017 in Brazil

Summit Specialty is a small business in Alpharetta, Georgia that supplies interior pine doors for the U.S. residential housing market. GSP eliminates the 4.8 percent import tax on the 1 3/8″ doors that Summit sources from Brazil and helps reduce costs for new single-family homes built throughout the United States. New tariffs from GSP expirat...

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How GSP Promotes “Made in America” Trucks

Written on July 18, 2017 in California

On Monday, President Donald J. Trump declared July 16-22 to be “Made in America” week and held an event at the White House highlighting American-made products. Yet such events often overlook the benefits of imports, including programs such as GSP, in creating those American-made products. Take BTR International, a small business in New ...

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