In May 2017, the GSP program saved American companies $72 million on about $1.8 billion in imports. GSP imports were up by 14 percent – and tariffs savings were up by 16 percent – compared to May 2016. Some states such as New Hampshire and New Mexico saw much larger increases in GSP imports and...
Continue readingIn the first 5 months of 2017, GSP saved American companies $328 million in eliminated tariffs. Year-to-date savings crossed the $1 million threshold for 3 states: Oklahoma, Utah, and Arkansas. In total, GSP savings through May exceeded $1 million for 35 states plus Puerto Rico. The map below shows the overall value of year-to-date 2017...
Continue readingYesterday, 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...
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