As noted on Monday, the US government recently released 2012 trade data showing that imports under GSP rose to $19.9 billion last year. Based on an analysis of that data, the GSP program saved American companies an estimated $748.7 million in 2012, a $40+ million increase over 2011. By county, the highest savings came on...
Continue readingNothing says “I love you” on Valentine’s Day like candy. Perhaps that’s why, according to the National Confectioner’s Association: 36 million heart-shaped boxes of chocolate will be sold for Valentine’s Day and another 8 billion conversation hearts will will be produced. Luckily for those who want to be sweet by ...
Continue readingLast Friday, the U.S. government released the full-year trade data for 2012 showing that GSP imports reached $19.9 billion. This represents an increase of more than $1.3 billion, or about 7 percent, and is a significant jump considering the loss of GSP benefits for former top-10 suppliers Argentina (kicked out) and Colombia (GSP replace...
Continue reading