Archive for: May 2016

Map of 2016 Year-to-Date GSP Savings by State

Written on May 24, 2016 in California

In the first three months of 2016, GSP has saved American companies about $170 million in eliminated tariffs. Previously, we’ve shown some of the states, products, and countries with the biggest increases in January, February, and March (and will continue to do so going forward). The map below shows the overall GSP imports and savings...

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GSP Saved American Companies $62 Million in March 2016

Written on May 19, 2016 in Brazil

In March, the GSP program saved American companies nearly $62 million on about $1.6 billion in imports. The GSP program saved U.S. companies $170 million in the first three months of 2016. Overall, GSP tariff savings increased increased by 8 percent compared to March 2015. The value of imports under GSP increased 6 percent. Some...

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