Category: Cambodia

GSP Saved American Companies $75 Million in August 2017

Written on October 10, 2017 in Alabama

In August, the GSP program saved American companies $75 million on about $1.8 billion in imports. Those figures are notable for several reasons: That is the highest reported monthly savings since October 2008. GSP imports were up by 17 percent – and tariffs savings were up by 21 percent – compared to August 2016. Year-to-date...

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GSP Saved American Companies $66 Million in April 2017

Written on June 14, 2017 in Alabama

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...

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GSP Company Profile: Kona Bicycle in Ferndale, Washington

Written on May 8, 2017 in Cambodia

Founded in 1989, Kona is a dedicated group of cyclists making bicycles for people who love bikes. Most Kona bikes are imported from Cambodia, though it also sells a high-end line made in Tennessee. By eliminating the 11 percent tariff on bicycles, GSP allows Kona to increase its product variety while passing along the savings...

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