The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Indiana companies an estimated $13.0 million in 2011. Indiana companies imported an estimated $43...
Continue readingWith its most recent update, our Supporter List now includes companies operating in 48 states and 292 congressional districts. You can download the list of GSP Supporters by district here. You can add your company name by emailing here. New York’s 14th (Carolyn Maloney) is the top district with nine companies. Californi...
Continue readingLast week, we asked companies to contact their Senators in support of the GSP/TAA bill. When all the votes were tallied, H.R. 2832 passed with the support of 70 Senators. The inclusion of TAA made the vote particularly difficult for Republicans, but at the end of the day 17 Republicans voted in favor of the...
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