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GSP Saved American Companies $79 Million in December 2017

Written on February 27, 2018 in Brazil

In the last month before GSP expired on December 31, it saved American companies $79 million on about $1.8 billion in imports. GSP imports were up by 17 percent – and tariffs savings were up by 29 percent – compared to December 2016. Total 2017 savings from GSP increased at least $136 million over 2016....

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House Members express strong support for GSP renewal

Written on February 19, 2018 in Florida

Last week, the House overwhelming approved GSP renewal legislation (HR 4979) but a vote of 400-2. The statements in support of GSP renewal were as strong as the final vote. Several Members highlighted how GSP savings can help companies lower costs, hire workers, and invest in their businesses and employees: Ways and Means Chairman Kevin...

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GSP Company Profile: 3V Sigma USA in Georgetown, South Carolina

Written on August 21, 2017 in India

3V Sigma is a leading producer of advanced specialty chemicals that has been in business for over 60 years.  3V imports some of their chemicals from India through GSP and is able to pass those savings on to its customers: American manufacturers of paper, plastics, textiles, coatings, building materials, and related products. GSP expiration in....

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