Category: Philippines

Michigan small business: “over $400,000 that we need to recoup from somewhere” if GSP expires

Written on November 9, 2020 in China

Hiblow is a distributor of linear diaphragm pumps based in Saline, Michigan. It employs 6 workers, including a new warehouse manager position created in 2020. Hiblow sells pumps imported under GSP to three major markets: medical pumps to U.S. medical device manufacturers (therapy devices, hospital beds, incubators); pumps for onsite wastewater trea...

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GSP saved American companies $80 million in September

Written on November 20, 2019 in Brazil

GSP saved American companies $80 million in September, about $10 million less (-11%) from September 2018. It marked the fourth month in a row that year-over-year savings declined, due wholly to terminated GSP for India and Turkey. Despite lost GSP for those two key supplier countries, GSP saved American companies $797 million in the first...

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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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