Today we’re launching a new series of GSP company profiles. They will highlight specific users of the program, the struggles they faced during the last GSP expiration, and the positive growth they have been able to achieve since Congress renewed the GSP program back in June 2015. (Profiles are based primarily on responses to our...
Written on March 7, 2017 in GSP
In 2016, GSP saved American companies about $730 million in eliminated tariffs. Companies and workers in every state benefit, and GSP waived at least $1 million in tariffs on imports into 39 states plus Puerto Rico. The map below shows the overall GSP imports and savings by state for 2016.
Written on February 10, 2017 in Brazil
According to new data released this week, the Generalized System of Preferences (GSP) program saved American companies nearly $730 million on $18.7 billion in imports in 2016. That’s a savings increase of about 10 percent over 2015. The infographic below highlights some other key facts and figures about the GSP program for 2016. We’ll b...