In April 2017, the GSP program saved American companies $66 million on about $1.7 billion in imports. GSP imports were up by 8 percent – and tariffs savings were up by 11 percent – compared to April 2016. Some states such as Kentucky and Virginia saw much larger increases in GSP imports and savings compared...
Continue readingToday is yet another big day in the 2016 presidential primaries as voters head to the polls in Connecticut, Delaware, Maryland, Pennsylvania, and Rhode Island. With all of the anti-trade rhetoric in the campaign, it is important to recognize how these states benefit from trade, and the Generalized System of Preferences (GSP) program in particular.....
Continue readingGSP-eligible acrylics in action at the underwater Ithaa restaurant in the Maldives Below are some new responses to our GSP reauthorization survey from companies in Colorado, Maryland, and Texas (to go along with responses highlighted yesterday and the day before). With the Senate Finance and House Ways and Means Committees both expecting to ho...
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