GSP Saved American Companies $62 Million in March 2017

Written on May 10, 2017 in Alabama

In March 2017, the GSP program saved American companies $62 million on about $1.6 billion in imports. GSP imports were down by 2 percent – though tariffs savings were up by 1 percent – compared to March 2016. In the first quarter of 2017, GSP imports were basically flat by value and up about 2...

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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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GSP Company Profile: B&C Technologies in Panama City Beach

Written on May 2, 2017 in exports

B&C Technologies in Florida is an industry leader in commercial and industrial laundry equipment. B&C imports laundry equipment, particularly parts, from Thailand under GSP and sent one of the more memorable photos for the 2014 GSP expiration survey report: the facility they bought to expand U.S. manufacturing but could not finish because o...

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23 Companies Join GSP Supporter List During Week of April 24

Written on May 1, 2017 in California

Last week 23 more companies signed up for the 2017 GSP Supporter List (see graphic below). The companies are headquartered in 12 states and 23 different congressional districts. Nearly all are small businesses with fewer than 100 employees. NOTE: Tariffs on GSP-eligible may increase on January 1. Show Congress that GSP renewal is important to...

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GSP Eliminated $256 Million on Imports of Industrial Materials (Used to Make Other U.S. Products) in 2016

Written on April 27, 2017 in USA

Discussions about trade often present a false dichotomy: if exports are good and then imports must be bad. This oversimplified view lends itself to policy prescriptions that encourage exporters and discourage importers. Yet the real world is much more complicated as demonstrated by the types of products imported under GSP. The leading category of G...

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