In November, the GSP program saved American companies $67 million on about $1.7 billion in imports. The value of GSP imports increased by about 16 percent, while the tariff savings increased by nearly 18 percent compared to November 2015. Overall, GSP saved U.S. companies $667 million in 2016 through November. GSP savings are up about...
Continue readingWhat better way to spend a few minutes on Oregon primary day than watching Senate Finance Committee Ranking Member Ron Wyden (D-OR) talk about the importance of GSP renewal? In the clip below, Senator Wyden discusses how GSP is an “economic win-win” for developing countries and U.S. manufacturers, including GSP Supporter List company St...
Continue readingMay is World Trade Month. For those intrepid trade souls who like to buck conventional wisdom and speak about the unspeakable – the benefits of imports – today also marks the start of the 4th annual “Imports Work for America” week. This is not to discount the positive contribution of exports, but for many companies,...
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