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...
Continue readingIn October, the GSP program saved American companies $64 million on about $1.6 billion in imports. The value of GSP imports increased by about 4 percent, while the tariff savings increased by nearly 9 percent compared to October 2015. Overall, GSP saved U.S. companies $600 million in the first 10 months of 2016. GSP savings...
Continue readingIn July, the GSP program saved American companies $58 million on about $1.5 billion in imports. GSP saved U.S. companies $410 million in the first seven months of 2016. In the one year since renewal, GSP saved American companies about $700 million. Some states, such as Connecticut and New York, saw particularly large increases in...
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