Search by tag: wa

GSP in 2013: Companies Should’ve Saved…Could’ve Hired?

Written on February 12, 2014 in GSP

According to new data released last week, American companies imported $18.5 billion worth of GSP-eligible products in 2013. GSP should have reduced taxes on those companies by nearly $700 million. Instead, companies had to pay about $280 million in higher taxes because Congress allowed GSP to expire on July 31. TRInternational, Inc. (TRI), a global...

Continue reading

7 New Organizations Call on Congress to Renew GSP

Written on September 10, 2013 in Arizona

With Congress returning to DC and companies beginning to feel the sting of expiration, more and more American organizations are calling for immediate renewal of the GSP program.The map below shows the 20+ companies and associations – based in 16 states – have joined the supporter list since GSP expired, including the seven new additions...

Continue reading

GSP and Washington: Fast Facts

Written on January 24, 2013 in GSP

The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Washington companies an estimated $8.1 million in 2011. Washington companies imported an estimate...

Continue reading
Take Action

Follow us on Twitter

Renew GSP Today