Category: Vermont

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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GSP saved American companies $72 million in July

Written on September 12, 2019 in Cambodia

GSP saved American companies $72 million in June, about $17 million less (-19%) from July 2018. It marked the second month in a row that year-over-year savings due to terminated GSP for India and Turkey. In the first seven months of 2019, GSP saved American companies $628 million. Lost GSP for India cost American companies...

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GSP savings plummet to $66 million in June

Written on August 7, 2019 in Arkansas

GSP saved American companies $66 million in June, about $39 million less than in May and $15 million less (-18%) from June 2018. The June declines reflect the first full month without GSP eligibility for imports from Turkey and first (mostly) full month without GSP for India. In the first six months of 2019, GSP...

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