Category: Kentucky

GSP and Kentucky: Fast Facts

Written on January 9, 2013 in GSP

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 Kentucky companies an estimated $20.1 million in 2011. Kentucky companies imported an estimated $...

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Impacts of GSP Expiration on the 50 States

Written on September 15, 2011 in Alaska

As the debate over GSP moves to the Senate, our focus has been on the state-level impacts of GSP expiration (as you may have noticed here and here). Below is our latest fact sheet showing how GSP expiration impacts different individual states. At some point there will be a “call to action,” but in the...

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GSP Imports by State

Written on July 7, 2011 in California

In light of today’s Senate Finance Committee hearing, we decided to roll out some of our new GSP import data by state.  For example, did you know that…. Five of the top six states in terms of tariffs paid through April because of GSP expiration are represented on the Finance Committee? Maryland, represented on the...

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