GSP savings shattered previous records in October. Growth was strongest for products where the Trump administration has imposed new 10-25% tariffs on imports from China. Was this a coincidence or the start of a long-term trend of companies shifting sourcing out of China and into GSP-eligible countries?
We want to hear from you! The information is particularly relevant as the Administration reviews GSP-eligibility for major supplier countries such as India, Indonesia, Thailand, and Turkey.
As always, no company-specific information will be published without explicit permission. Thanks in advance for helping provide critical information that is not available from any other sources. Do not hesitate to email or call 202-347-1041 with any questions.