Paraguay – Renew GSP Today https://renewgsptoday.com A resource from the Coalition for GSP Fri, 31 Mar 2017 21:07:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://renewgsptoday.com/wp-content/uploads/2017/04/cropped-CoalitionForGSP-Logo-ICO-32x32.png Paraguay – Renew GSP Today https://renewgsptoday.com 32 32 GSP Saved American Companies $67 Million in November 2016 https://renewgsptoday.com/2017/01/26/gsp-saved-american-companies-67-million-in-november-2016/ Thu, 26 Jan 2017 18:33:49 +0000 http://rnwgspold.wpengine.com/?p=7412 In November, the GSP program saved American companies $67 million on about $1.7 billion in imports. The value of GSP imports increased by about 16 percent, while the tariff savings increased by nearly 18 percent compared to November 2015.

Overall, GSP saved U.S. companies $667 million in 2016 through November. GSP savings are up about $58 million, or 10 percent compared to the first 11 months of 2015.

Some states, such as Oregon and Indiana, saw particularly large increases in GSP imports and savings compared to November 2015, as shown in the graphic below.

gsp_nov2016_snapshot

In Oregon, GSP imports and savings each increased by about 50 percent compared to one year earlier. Wooden doors from Brazil, Indonesia, and South Africa; lighting fixtures from Thailand, and food products from Ecuador all contributed to Oregon’s GSP increases.

In Indiana, GSP imports and savings each increased by about 35 percent compared to one year earlier. Motor vehicles parts and polycarbonates from Thailand and engine parts and electric motors from the Philippines contributed to Indiana’s GSP increases.

Savings on GSP imports from Paraguay increased by 148 percent compared to November last year. Increased imports of sugar contributed most to this increase. GSP eliminated about $237,000 in import taxes on ceramic mugs in November, with more about $47,000 saved on imports into Florida alone.

REMINDER FOR ALL GSP PROGRAM USERS: GSP EXPIRES AT THE END OF 2017.

Please click that link to learn about how to get involved in the Coalition for GSP’s renewal activities this year.

]]>
More than 400 American Organizations Calling on Congress to Renew GSP https://renewgsptoday.com/2013/12/11/more-than-400-american-organizations-calling-on-congress-to-renew-gsp/ Wed, 11 Dec 2013 15:59:04 +0000 http://renewgsp.wpengine.com/?p=3168 Six more companies added their names to the GSP Supporter List since yesterday, bringing the total to 404 American companies and associations calling for the immediate, retroactive renewal of the GSP program. The 380+ companies on the list are incredibly diverse…

  • They are headquartered in 42 states (plus DC) and 221 congressional districts and you can download the list by supporter list by congressional district here.
  • They range from sole proprietors to some of the largest corporations in the world, but about 78% are small businesses with 100 or less employees, and the median number of employees is just 15.
  • GSP savings range from as little as $1,000 to millions of dollars per year.
  • They import from more than a quarter of GSP-eligible countries, including: Bangladesh, Bhutan, Bolivia, Brazil, Burkina Faso, Cambodia, Ecuador, Egypt, Georgia, Ghana, Haiti, India, Indonesia, Kazakhstan, Kenya, Lebanon, Macedonia, Madagascar, Malawi, Mali, Nepal, Pakistan, Paraguay, Philippines, Russia, Senegal, South Africa, Sri Lanka, Tanzania, Thailand, Tunisia, Turkey, Ukraine, and Uruguay.

For those comparing to our last update, we’ve added 2 states (New Hampshire and Vermont), a number of new CDs, enough very small businesses to drop the median employees from 17 to 15,  and one new GSP-eligible country (Ukraine).

If you’re not yet on the list, be sure to add your name here.

]]>
GSP Expiration Cost American Companies $62 Million in October 2013 https://renewgsptoday.com/2013/12/09/gsp-expiration-cost-american-companies-62-million-in-october-2013/ https://renewgsptoday.com/2013/12/09/gsp-expiration-cost-american-companies-62-million-in-october-2013/#comments Mon, 09 Dec 2013 14:05:39 +0000 http://renewgsp.wpengine.com/?p=3159 Based on new data released Friday, the continued expiration of the GSP program cost U.S. importers $62 million in October, bringing the total cost to more than $175 million in the first three months. Of course, it’s now December 9 so the actual taxes paid are much higher.

American companies paid the highest taxes on imports from India ($16.5 million) and Thailand ($11.0 million).

Taxes paid on imports from Indonesia increased by 43% from September to $7.7 million, while taxes paid on imports from Paraguay (primarily sugar products) increased from just $92,000 in September to $700,000 in October.

If you’re one of the companies paying higher taxes because GSP expired and are not yet on the free GSP Supporter List, be sure to add your name here.

]]>
https://renewgsptoday.com/2013/12/09/gsp-expiration-cost-american-companies-62-million-in-october-2013/feed/ 1
GSP Exporter Countries Weigh in on GSP Renewal https://renewgsptoday.com/2011/05/04/gsp-exporter-countries-weigh-in-on-gsp-renewal/ https://renewgsptoday.com/2011/05/04/gsp-exporter-countries-weigh-in-on-gsp-renewal/#comments Wed, 04 May 2011 15:17:08 +0000 http://renewgsp.wpengine.com/?p=781 Yesterday, the Ambassadors to the United States from nine GSP beneficiary countries sent a joint-letter to Congressional leadership urging GSP renewal.  A copy of the letter to Senate Finance Committee Chairman Baucus is available here.  The Hill newspaper picked up on the story yesterday afternoon.

The countries represent some of the largest GSP exporters, including Thailand, Indonesia, and the Philippines, as well as smaller countries like Kosovo, Mongolia, and Uruguay.  The letter highlights the loss in market share for GSP-eligible products, the increased costs for US producers, and job loss in their respective countries.

]]>
https://renewgsptoday.com/2011/05/04/gsp-exporter-countries-weigh-in-on-gsp-renewal/feed/ 1