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 readingSummit Specialty is a small business in Alpharetta, Georgia that supplies interior pine doors for the U.S. residential housing market. GSP eliminates the 4.8 percent import tax on the 1 3/8″ doors that Summit sources from Brazil and helps reduce costs for new single-family homes built throughout the United States. New tariffs from GSP expirat...
Continue readingAustin-based Matr Boomie was founded in 2006 with the mission of creating opportunities for women and minorities to realize their creative, economic, and leadership potential. Since then it has grown to empower 20,000 artisans in 40 partner communities throughout India and its products are sold at more than 1,500 retailers in North America, Europe,...
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