According to new data released this week, the Generalized System of Preferences (GSP) program saved American companies nearly $730 million on $18.7 billion in imports in 2016. That’s a savings increase of about 10 percent over 2015. The infographic below highlights some other key facts and figures about the GSP program for 2016. We’ll b...
Continue readingIn the first 10 months of 2016, GSP saved American companies about $600 million in eliminated tariffs. GSP waived at least $1 million in tariffs on imports into 39 states – West Virginia joined the list in October! – plus Puerto Rico. The map below shows the overall GSP imports and savings by state from...
Continue readingIn the first nine months of 2016, GSP saved American companies about $531 million in eliminated tariffs. GSP waived at least $1 million in tariffs on imports into 38 states, plus Puerto Rico. The map below shows the overall GSP imports and savings by state from January to September. Companies in California continued to lead...
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