In March, the GSP program saved American companies nearly $62 million on about $1.6 billion in imports. The GSP program saved U.S. companies $170 million in the first three months of 2016. Overall, GSP tariff savings increased increased by 8 percent compared to March 2015. The value of imports under GSP increased 6 percent. Some...
Continue readingWhat better way to spend a few minutes on Oregon primary day than watching Senate Finance Committee Ranking Member Ron Wyden (D-OR) talk about the importance of GSP renewal? In the clip below, Senator Wyden discusses how GSP is an “economic win-win” for developing countries and U.S. manufacturers, including GSP Supporter List company St...
Continue readingAll week we’ve been discussing the importance of GSP for American jobs, families, manufacturing, and global development as part of the 5th Annual Imports Work week. These benefits generally are recognized – when Congress last renewed GSP there were big bipartisan votes in both the Senate and the House – but the challenge has often...
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