Category: North Dakota

January-June 2020 GSP savings by state

Written on August 26, 2020 in Arizona

GSP saved American companies over $400 million in the first half of 2020. GSP benefited companies in every state – and the map below shows the overall value of January-June 2020 GSP imports (in blue) and tax savings (in red) by state. The top states by GSP savings have been fairly consistent over the years....

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2018 GSP Savings by State

Written on July 25, 2019 in California

GSP saved American companies over $1.03 billion in 2018, smashing the previous high of $894 million set in 2017. GSP benefited companies in every state – and GSP savings exceeding $1 million for 41 states plus Puerto Rico. The map below shows the overall value of 2018 GSP imports (in blue) and tax savings (in...

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2018 GSP savings of $1.03 billion smash previous highs (but major potential cuts on horizon for many American companies)

Written on March 12, 2019 in Alaska

GSP saved American companies a record $1.03 billion in 2018, smashing the previous high of $894 million set in 2017. Since Congress renewed GSP in 2015 following a multi-year lapse, annual GSP savings for American companies have increased by more than $350 million.   Despite overwhelming congressional support for GSP renewal in 2018, the Trump...

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