Written on July 26, 2017 in
Alabama
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...
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In the 4 months of 2017, GSP saved American companies $256 million in eliminated tariffs. Year-to-date savings crossed the $1 million threshold for 4 states, including Colorado, Mississippi, New Hampshire, and Oregon. In total, GSP savings through April exceeded $1 million for 32 states plus Puerto Rico. The map below shows the overall value of...
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Last 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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