In the first 2 months of 2017, GSP saved American companies $111 million in eliminated tariffs. Connecticut, Iowa, Massachusetts, Washington, and Wisconsin joined the list of states that have saved at least $1 million so far in 2017 because of GSP. In total, GSP savings through February exceeded $1 million for 22 states. The map...
Continue readingXpres LLC is a manufacturing and decorating enterprise based in North Carolina. In business for more than 25 years, Xpres imports blank ceramic mugs from Thailand that are customized at its Winston-Salem headquarters. Without GSP, these ceramic mugs face import taxes of 10 percent, putting Xpres at a disadvantage to lower-cost mugs customized and i...
Continue readingThis week 15 more organizations (1 association, 14 companies) signed up for the 2017 GSP Supporter List. The new organizations, which follow the 10 new companies from last week, are all listed below. *** Tariffs on GSP imports are scheduled to go up on January 1. By the time that feels “close,” it may be...
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