Category: Hawaii

GSP Saved American Companies $59 Million in September 2016

Written on November 10, 2016 in Brazil

In September, the GSP program saved American companies $59 million on about $1.5 billion in imports. While the value of GSP imports decreased by about 5 percent, the tariff savings only decreased by 0.3 percent compared to September 2015. Overall, GSP saved U.S. companies $531 million in the first nine months of 2016. GSP savings...

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Year-to-Date GSP Savings By State through July 2016

Written on September 28, 2016 in California

In the first seven months of 2016, GSP saved American companies about $410 million in eliminated tariffs. New Hampshire joined the list of states for which GSP eliminated at least $1 million in tariffs on imports, bringing the total to 37 states (plus Puerto Rico), and Hawaii is knocking on the door with an estimated...

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