Archive for: November 2016

GSP Saved American Companies $59 Million in September 2016

Written on November 10, 2016 in Brazil

In September, the GSP program saved American companies $59 million on about $1.5 billion in imports. While the value of GSP imports decreased by about 5 percent, the tariff savings only decreased by 0.3 percent compared to September 2015. Overall, GSP saved U.S. companies $531 million in the first nine months of 2016. GSP savings...

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