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GSP Saved American Companies $71 Million in June 2017

Written on August 15, 2017 in Alabama

In June 2017, the GSP program saved American companies $71 million on about $1.8 billion in imports. June marked the first time that monthly GSP savings exceeded $70 million in consecutive months since September-October 2008. (GSP saved American companies $72 million May). GSP imports were up by 15 percent – and tariffs savings were up...

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How GSP Promotes “Made in America” Trucks

Written on July 18, 2017 in California

On Monday, President Donald J. Trump declared July 16-22 to be “Made in America” week and held an event at the White House highlighting American-made products. Yet such events often overlook the benefits of imports, including programs such as GSP, in creating those American-made products. Take BTR International, a small business in New ...

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GSP Saved American Companies $58 Million in July 2016

Written on September 23, 2016 in Bolivia

In July, the GSP program saved American companies $58 million on about $1.5 billion in imports. GSP saved U.S. companies $410 million in the first seven months of 2016. In the one year since renewal, GSP saved American companies about $700 million. Some states, such as Connecticut and New York, saw particularly large increases in...

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