In the first 11 months of 2016, GSP saved American companies about $667 million in eliminated tariffs. GSP has waived at least $1 million in tariffs on imports into 39 states so far in 2016. The map below shows the overall GSP imports and savings by state from January to November.
Continue readingIn November, the GSP program saved American companies $67 million on about $1.7 billion in imports. The value of GSP imports increased by about 16 percent, while the tariff savings increased by nearly 18 percent compared to November 2015. Overall, GSP saved U.S. companies $667 million in 2016 through November. GSP savings are up about...
Continue readingIn the first 10 months of 2016, GSP saved American companies about $600 million in eliminated tariffs. GSP waived at least $1 million in tariffs on imports into 39 states – West Virginia joined the list in October! – plus Puerto Rico. The map below shows the overall GSP imports and savings by state from...
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