Along with the launch of the new site, the Coalition for GSP released updated reports for on why GSP matters for all 50 states (available here). For each state, the reports highlight: total GSP imports, tariffs savings, and average tariffs waived on account of GSP in 2016; companies importing GSP-eligible products; top GSP imports by...
Continue readingBurris Company designs, manufactures, and distributes rifle scopes, binoculars and related optics products, some of which it imports from the Philippines under GSP. It also is committed to increasing its U.S. manufacturing. Perhaps counter-intuitively to those that believe imports replace American manufacturing, higher U.S. tariffs resulting from G...
Continue readingIn January 2017, GSP saved American companies about $59 million in eliminated tariffs. Company savings in January exceeded $1 million for 17 states, led by California at $9.3 million. Nearly 80 percent of states saw higher GSP savings in January 2017 compared to one year earlier. The map below shows the overall GSP imports (in...
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