In July 2017, the GSP program saved American companies $73 million on about $1.8 billion in imports. GSP imports were up by 18 percent – and tariffs savings were up by 23 percent – compared to July 2016. (NOTE: that likely understates savings, as U.S. government data show no claimed GSP benefits for imports of...
Continue readingCongress returned this week after its extended August recess and there are just 115 days until GSP expires – with just a fraction of those being “legislative” days. As Members begin to focus on year-end priorities, it’s crucial that they hear from GSP importers about the importance of renewal. Please use our Contact Congress...
Continue readingIn the first 6 months of 2017, GSP saved American companies $399 million in eliminated tariffs. Year-to-date savings crossed the $1 million threshold for two states: Rhode Island and Kansas. In total, GSP savings through June exceeded $1 million for 37 states plus Puerto Rico. The map below shows the overall value of year-to-date 2017...
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