Written on January 24, 2017 in
GSP
It’s time to launch the free 2017 GSP Supporter List! The previous iteration grew to more than 700 companies and associations located throughout the country and was unquestionably one of the GSP Coalition’s most effective advocacy tools. There simply is no better way to demonstrate the importance of GSP to Members of Congress than to...
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Written on January 6, 2017 in
Armenia
In 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...
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Written on January 1, 2017 in
GSP
2017 is officially here! Unfortunately, that means American companies will face millions of dollars per day in new taxes in unless Congress passes – and the new President signs – legislation extending the GSP program in the next 364 days. GSP renewal faces special challenges as an “import-only” program. The experience in 201...
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