State Reports – Renew GSP Today https://renewgsptoday.com A resource from the Coalition for GSP Wed, 29 May 2013 15:12:03 +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 State Reports – Renew GSP Today https://renewgsptoday.com 32 32 New State Reports and Importer Map Show Who’d Be Hurt If Congress Doesn’t Renew GSP https://renewgsptoday.com/2013/05/29/new-state-reports-and-importer-map-show-whod-be-hurt-if-congress-doesnt-renew-gsp/ https://renewgsptoday.com/2013/05/29/new-state-reports-and-importer-map-show-whod-be-hurt-if-congress-doesnt-renew-gsp/#comments Wed, 29 May 2013 15:12:03 +0000 http://renewgsp.wpengine.com/?p=2413 This morning, we updated our state reports page to include 2012 reports for all 50 states. The reports are included in our new map (below) that highlights companies importing GSP-eligible products throughout the country.

The toolbar (right) provides fast facts on GSP imports and links to the 2012 state report and all state-related posts.

The map (left) shows select companies that import GSP-eligible products – and likely to face higher taxes if Congress doesn’t renew GSP before July 31. The records include company name, city, state, and congressional district, as well as the products imported and the source country.

We plan to add new companies to the list regularly, so if you import under GSP but aren’t on the map, add your name here and we’ll include you in our next update!

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Educating Congress About GSP Renewal, Part 1 https://renewgsptoday.com/2013/05/02/educating-congress-about-gsp-renewal-part-1/ Thu, 02 May 2013 20:54:42 +0000 http://renewgsp.wpengine.com/?p=2310 Earlier today, we had two more meetings with staff for House Members that serve on the Ways and Means Committee: Reps. James Renacci (OH-16) and Pat Tiberi (OH-12). These were meetings #20 and #21 since the beginning of last week, and we have more coming up.  Some of you might wonder, what do you do in these meetings and why do they matter?

What Do We Do?

At the most basic level, we make sure they know that GSP is scheduled to expire on July 31.  Sounds obvious, but… Congress deals with many, many issues and if GSP importers don’t remind them about GSP, who will?

We also highlight some key facts and figures from our GSP Annual Report.

Most importantly, we show them the local impacts of GSP.  For both of today’s meetings, that involved our new 2012 Ohio report:

GSP-Ohio_Side-by-Side

Since our meetings were on the House as opposed to the Senate side, we used the Panjiva import/export database to find constituent companies importing goods receiving duty-free treatment because of GSP.

For Ohio’s 16th District, this includes well-known companies like Energizer, which imports batteries from Indonesia, and Moen, which imports faucet parts from Thailand and Turkey, as well as smaller companies like Zibex, which imports chemicals from India.  Here’s what the district-specific information for Ohio’s 12th District looked like:

Tiberi-GSP Locations

So when we set up meetings, drilling down to the most local level possible is always our goal.  Tomorrow, we’ll talk about why it is so important.

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GSP and Wyoming: Fast Facts https://renewgsptoday.com/2013/01/25/gsp-and-wyoming-fast-facts/ Fri, 25 Jan 2013 17:18:51 +0000 http://renewgsp.wpengine.com/?p=1994 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Wyoming companies an estimated $84,000 in 2011.

Wyoming companies imported an estimated $2.6 million under GSP in 2011, saving them on average 3.2%. South Africa was the most important source of GSP imports, accounting for about 35 percent of the tariff savings. Sprockets and transmission parts were Wyoming’s top import under GSP in 2011 and would have faced average tariffs of 2.8% without GSP.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a Wyoming company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and Wisconsin: Fast Facts https://renewgsptoday.com/2013/01/25/gsp-and-wisconsin-fast-facts/ Fri, 25 Jan 2013 13:56:24 +0000 http://renewgsp.wpengine.com/?p=1992 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Wisconsin companies an estimated $4.9 million in 2011.

Wisconsin companies imported an estimated $146 million under GSP in 2011, saving them on average 3.3%. India was the most important source of GSP imports, accounting for about 31 percent of the tariff savings. Cocoa paste was Wisconsin’s top import under GSP in 2011.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations – including at least 8 in Wisconsin – joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a Wisconsin company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and West Virginia: Fast Facts https://renewgsptoday.com/2013/01/24/gsp-and-west-virginia-fast-facts/ Thu, 24 Jan 2013 21:21:33 +0000 http://renewgsp.wpengine.com/?p=1990 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved West Virginia companies an estimated $630,000 in 2011.

West Virginia companies imported an estimated $17.9 million under GSP in 2011, saving them on average 3.5%. India was the most important source of GSP imports, accounting for about 55 percent of the tariff savings. Generator parts were West Virginia’s top import under GSP in 2011 and would have faced average tariffs of 2.5% without GSP.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations – including at least 3 in West Virginia – joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a West Virginia company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and Washington: Fast Facts https://renewgsptoday.com/2013/01/24/gsp-and-washington-fast-facts/ Thu, 24 Jan 2013 17:43:34 +0000 http://renewgsp.wpengine.com/?p=1987 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Washington companies an estimated $8.1 million in 2011.

Washington companies imported an estimated $265 million under GSP in 2011, saving them on average 3.1%. Thailand was the most important source of GSP imports, accounting for about 33 percent of the tariff savings. Crude oil was Washington’s top import by value under GSP in 2011.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations – including at least 11 in Washington – joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a Washington company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and Virginia: Fast Facts https://renewgsptoday.com/2013/01/24/gsp-and-virginia-fast-facts/ Thu, 24 Jan 2013 13:38:40 +0000 http://renewgsp.wpengine.com/?p=1985 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Virginia companies an estimated $11.1 million in 2011.

Virginia companies imported an estimated $296 million under GSP in 2011, saving them on average 3.8%. India was the most important source of GSP imports, accounting for about 38 percent of the tariff savings. Transmission shafts were Virginia’s top import under GSP in 2011 and would have faced average tariffs of 2.5% without GSP.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations – including at least 7 in Virginia – joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a Virginia company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and Vermont: Fast Facts https://renewgsptoday.com/2013/01/23/gsp-and-vermont-fast-facts/ Wed, 23 Jan 2013 21:43:35 +0000 http://renewgsp.wpengine.com/?p=1983 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Vermont companies an estimated $1.1 million in 2011.

Vermont companies imported an estimated $29.2 million under GSP in 2011, saving them on average 3.8%. Russia was the most important source of GSP imports, accounting for about 53 percent of the tariff savings. Tires were Vermont’s top import under GSP in 2011 and would have faced average tariffs of 4% without GSP.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a Vermont company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and Utah: Fast Facts https://renewgsptoday.com/2013/01/23/gsp-and-utah-fast-facts/ Wed, 23 Jan 2013 17:20:18 +0000 http://renewgsp.wpengine.com/?p=1981 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Utah companies an estimated $1.6 million in 2011.

Utah companies imported an estimated $41.2 million under GSP in 2011, saving them on average 3.9%. Thailand was the most important source of GSP imports, accounting for about 25 percent of the tariff savings. Electrical conductors were Utah’s top import under GSP in 2011 and would have faced average tariffs of 2.6% without GSP.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations – including at least 3 in Utah – joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you an Utah company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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GSP and Texas: Fast Facts https://renewgsptoday.com/2013/01/23/gsp-and-texas-fast-facts/ Wed, 23 Jan 2013 14:16:52 +0000 http://renewgsp.wpengine.com/?p=1979 The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Texas companies an estimated $60.1 million in 2011.

Texas companies imported an estimated $1.5 billion under GSP in 2011, saving them on average 3.9%. India was the most important source of GSP imports, accounting for about 25 percent of the tariff savings. Ceramic laboratory equipment was Texas’ top import under GSP in 2011 and would have faced average tariffs of 4% without GSP.

Yet GSP is set to expire on July 31, 2013, and companies could face tariffs higher tariffs starting on August 1 if Congress does not pass legislation renewing GSP. When GSP expired at the end of 2010, American companies paid nearly $2 million per day, every day, until Congress finally acted 11 months later!

This graphic shows just some of the negative impacts from the last GSP expiration. It also helps explain why more than 335 companies and associations – including at least 41 in Texas – joined the 2011 GSP Supporter List urging renewal of the program when it last expired.

Are you a Texas company that would be hurt by GSP expiration? If so, please take 30 seconds to let Congress know by adding your name to our free 2013 GSP Supporter List right now.

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