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 New York companies an estimated $62.4 million in 2011. New York companies imported an estimated $...
Continue readingOver the weekend, the Administration announced the results of the 2011 GSP Annual Review. You can read the Presidential Proclamation here or, if you’d prefer the non-legalese version, here’s a list from USTR that clearly states the decision for each product. Although it’s gotten little press, the statistics are quite strikin...
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...
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