Category: Illinois

GSP renewal language included in omnibus spending bill

Written on March 22, 2018 in Illinois

Last night, an “omnibus” spending bill was introduced that includes the GSP renewal language passed by the House in February. If Congress passes the bill tomorrow – the goal since government funding runs out at 12:01AM Saturday – GSP benefits would go back into effect on April 22. The bill would extend GSP through December.....

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GSP Saved American Companies $82 Million in October 2017

Written on December 6, 2017 in Alabama

High GSP savings levels continued in October: GSP saved American companies $82 million on about $2.0 billion in imports – more than any other month all the way back to October 2006. GSP imports were up by 22 percent – and tariffs savings were up by 28 percent – compared to October 2016. Year-to-date savings...

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