In the first quarter of 2017, GSP saved American companies $173 million in eliminated tariffs. Year-to-date savings crossed the $1 million threshold for 6 states, including Alabama, Arizona, Louisiana, Minnesota, Missouri, and Nevada. In total, GSP savings through March exceeded $1 million for 28 states plus Puerto Rico. The map below shows the ove...
Continue readingIn March 2017, the GSP program saved American companies $62 million on about $1.6 billion in imports. GSP imports were down by 2 percent – though tariffs savings were up by 1 percent – compared to March 2016. In the first quarter of 2017, GSP imports were basically flat by value and up about 2...
Continue readingLast week 23 more companies signed up for the 2017 GSP Supporter List (see graphic below). The companies are headquartered in 12 states and 23 different congressional districts. Nearly all are small businesses with fewer than 100 employees. NOTE: Tariffs on GSP-eligible may increase on January 1. Show Congress that GSP renewal is important to...
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