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January-June 2020 GSP savings by state

Written on August 26, 2020 in Arizona

GSP saved American companies over $400 million in the first half of 2020. GSP benefited companies in every state – and the map below shows the overall value of January-June 2020 GSP imports (in blue) and tax savings (in red) by state. The top states by GSP savings have been fairly consistent over the years....

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GSP saved American companies $1.035 billion in 2019

Written on May 5, 2020 in USA

According to new research from the Coalition for GSP, the Generalized System of Preferences (GSP) program saved American companies $1.035 billion in 2019. Total imports under GSP were nearly $21 billion. While imports under GSP were down from 2018, savings were about the same, as the average tariff waived jumped to 5.0% in 2019 from...

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New GSP supporters: as diverse as the products they import

Written on January 29, 2018 in Cambodia

Since GSP expired on December 31, nearly 50 companies and associations have added their names to our GSP supporter list. Like those organizations already on the list, the new supporters show the incredible diversity of companies and industries benefiting from the GSP program. Or, conversely, harmed by GSP expiration. For example, the companies: Emp...

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