Category: Uruguay

GSP Saved American Companies $54 Million in February 2016

Written on April 12, 2016 in Brazil

In February, the GSP program saved American companies more than $54 million on about $1.4 billion in imports. The GSP program saved U.S. companies $109 million in the first two months of 2016. Overall, GSP tariff savings increased increased by 31 percent compared to February 2015. The value of imports under GSP increased 30 percent....

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One Day of GSP Expiration – Who Paid the Price on July 17?

Written on July 22, 2014 in Brazil

We frequently note that each day of GSP expiration costs American importers nearly $2 million in additional taxes. We also highlight the diverse GSP importers that are on the supporter list. But we don’t know how many other GSP importers might be paying those taxes on any given day. So we decided to conduct an...

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