Which states benefit from duty-free imports under GSP? According to our latest research, all of them! It’s no surprise that big states like California and Texas saved tens of millions of dollars annually because of GSP, but it’s important for companies in little smaller states too. Companies in Rhode Island – the great...
Continue readingThe 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 Texas companies an estimated $60.1 million in 2011. Texas companies imported an estimated $1.5 bi...
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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