Written on July 17, 2017 in
India
Austin-based Matr Boomie was founded in 2006 with the mission of creating opportunities for women and minorities to realize their creative, economic, and leadership potential. Since then it has grown to empower 20,000 artisans in 40 partner communities throughout India and its products are sold at more than 1,500 retailers in North America, Europe,...
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In the first 5 months of 2017, GSP saved American companies $328 million in eliminated tariffs. Year-to-date savings crossed the $1 million threshold for 3 states: Oklahoma, Utah, and Arkansas. In total, GSP savings through May exceeded $1 million for 35 states plus Puerto Rico. The map below shows the overall value of year-to-date 2017...
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Written on July 5, 2017 in
USA
On June 29, the Office of the U.S. Trade Representative (USTR) announced the results of the 2016/2017 GSP Annual Review. Despite much uncertainty from importers about the new Administration’s position on GSP, the review resulted in one of the largest program expansions in history. In the most significant act, USTR extended duty-free benefits ...
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