Category: South Carolina

7 New Organizations Call on Congress to Renew GSP

Written on September 10, 2013 in Arizona

With Congress returning to DC and companies beginning to feel the sting of expiration, more and more American organizations are calling for immediate renewal of the GSP program.The map below shows the 20+ companies and associations – based in 16 states – have joined the supporter list since GSP expired, including the seven new additions...

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NRF Letter Urges GSP Renewal – Plus More Supporters!

Written on July 2, 2013 in California

On Friday, the National Retail Federation sent a letter to every Member of Congress urging support for immediate Congressional consideration and passage. The letter stated that GSP is “critical to American employers and families that this important trade program is renewed in advance of its expiration.” Given GSP’s broad bipartisa...

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GSP and South Carolina: Fast Facts

Written on January 22, 2013 in GSP

The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved South Carolina companies an estimated $16.7 million in 2011. South Carolina companies imported an...

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