One of the most important things that companies who have been hurt by GSP expiration can do is contact the members of their Congressional delegation. While many Representatives and Senators know about the GSP program, they don’t necessarily know which of their constituents benefit from it. That’s where letters and phone call...
Continue readingThat’s how many millions of dollars GSP saved importers in 2010. Actually, our estimates say $688,834,642, but the rounded figure is close enough. Thailand edged out India as the country responsible for the most GSP savings: $148.43 million for Thailand compared to $148.39 million for India. In 3rd place was Indonesia, whose...
Continue readingThe U.S. Census Bureau released the full-year 2010 trade data today, so we wanted to provide a few highlights: -Imports under GSP in 2010 totaled $22.6 billion, up from $20.2 billion in 2009, but still well below their 2008 peak of $31.2 billion -Thailand was the top GSP supplier country with $3.6 billion, followed by...
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