In January 2017, the GSP program saved American companies $59 million on about $1.5 billion in imports. GSP imports were up by 5 percent – and tariffs savings up by 8 percent – compared to January 2016. In terms of GSP savings, it was the best start to a year since 2013. Some states, such...
Continue readingToday we’re launching a new series of GSP company profiles. They will highlight specific users of the program, the struggles they faced during the last GSP expiration, and the positive growth they have been able to achieve since Congress renewed the GSP program back in June 2015. (Profiles are based primarily on responses to our...
Continue readingIn December 2016, the GSP program saved American companies $62 million on about $1.6 billion in imports. GSP imports were up by 11 percent – and tariffs savings up by 14 percent – compared to December 2015. Overall, GSP saved U.S. companies $729 million in 2016, an increase of over 10 percent from 2015. Some...
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