Yesterday, Indian Prime Minister Narendi Modi met with President Donald Trump at the White House. Following those meetings, the two leaders committed to “intensify their economic cooperation to make their nations stronger and their citizens more prosperous,” including a specific commitment to “removing obstacles to growth and jobs...
Continue readingIn the first 2 months of 2017, GSP saved American companies $111 million in eliminated tariffs. Connecticut, Iowa, Massachusetts, Washington, and Wisconsin joined the list of states that have saved at least $1 million so far in 2017 because of GSP. In total, GSP savings through February exceeded $1 million for 22 states. The map...
Continue readingIn February 2017, the GSP program saved American companies $53 million on about $1.4 billion in imports. GSP imports were down by 3 percent – and tariffs savings down by 2 percent – compared to February 2016. (Though it should be noted that 2016 had one extra day because of the leap year.). Despite the...
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