Archive for: June 2016

Year-to-Date GSP Savings By State through April 2016

Written on June 14, 2016 in California

In the first four months of 2016, GSP saved American companies about $230 million in eliminated tariffs. The map below shows the overall GSP imports and savings by state from January to April. Companies in California continued to lead the way with $36 million in tax savings, followed by companies in New Jersey with $20...

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GSP Saved American Companies $60 Million in April 2016

Written on June 10, 2016 in Bolivia

In April, the GSP program saved American companies $60 million on about $1.6 billion in imports. The GSP program saved U.S. companies $230 million in the first four months of 2016. Overall, the value of GSP imports and tariff savings both increased slightly compared to April 2015. Some states, such as South Carolina and New...

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