Category: Indonesia

GSP Saved American Companies $84 Million in November 2017

Written on January 9, 2018 in Alabama

GSP expired on December 31, but new data available show GSP imports continued to climb toward the end of last year. In November, GSP saved American companies $84 million on about $2.0 billion in imports – once again exceeding any single month all the way back to October 2006. GSP imports were up by 14...

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GSP Saved American Companies $72 Million in September 2017

Written on November 7, 2017 in Alabama

High GSP savings levels continued in September: GSP saved American companies $72 million on about $1.7 billion in imports. GSP imports were up by 15 percent – and tariffs savings were up by 19 percent – compared to September 2016. Year-to-date savings from GSP are up $83 million, or about $9.3 million per month, over...

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GSP Company Profile: Royal Chain Group in New York, New York

Written on September 18, 2017 in Indonesia

Royal Chain Group is a family-owned importer and distributor of fine jewelry. Based in New York City, it supplies jewelry to retailers throughout the United States. Royal Chain imports gold and silver jewelry from Indonesia, Thailand, and Turkey under GSP. While GSP was expired, Royal Chain paid more than $2 million in new tariffs. It...

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