New 2016 State-by-State GSP Reports Released

Written on April 6, 2017 in Brazil

Along with the launch of the new site, the Coalition for GSP released updated reports for on why GSP matters for all 50 states (available here). For each state, the reports highlight: total GSP imports, tariffs savings, and average tariffs waived on account of GSP in 2016; companies importing GSP-eligible products; top GSP imports by...

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GSP Company Profile: Burris Company in Greeley, Colorado

Written on April 4, 2017 in Colorado

Burris Company designs, manufactures, and distributes rifle scopes, binoculars and related optics products, some of which it imports from the Philippines under GSP. It also is committed to increasing its U.S. manufacturing. Perhaps counter-intuitively to those that believe imports replace American manufacturing, higher U.S. tariffs resulting from G...

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GSP Company Profile: WorldFinds

Written on March 8, 2017 in Company Stories

Today we’re launching a new series of GSP company profiles. They will highlight specific users of the program, the struggles they faced during the last GSP expiration, and the positive growth they have been able to achieve since Congress renewed the GSP program back in June 2015. (Profiles are based primarily on responses to our...

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State-By-State Breakdown of 2016 GSP Savings

Written on March 7, 2017 in GSP

In 2016, GSP saved American companies about $730 million in eliminated tariffs. Companies and workers in every state benefit, and GSP waived at least $1 million in tariffs on imports into 39 states plus Puerto Rico. The map below shows the overall GSP imports and savings by state for 2016.

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GSP Saved American Companies $62 million in December 2016

Written on February 22, 2017 in Alabama

In December 2016, the GSP program saved American companies $62 million on about $1.6 billion in imports. GSP imports were up by 11 percent – and tariffs savings up by 14 percent – compared to December 2015. Overall, GSP saved U.S. companies $729 million in 2016, an increase of over 10 percent from 2015. Some...

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GSP Saved American Companies $729 Million in 2016

Written on February 10, 2017 in Brazil

According to new data released this week, the Generalized System of Preferences (GSP) program saved American companies nearly $730 million on $18.7 billion in imports in 2016. That’s a savings increase of about 10 percent over 2015. The infographic below highlights some other key facts and figures about the GSP program for 2016. We’ll b...

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GSP Saved American Companies $67 Million in November 2016

Written on January 26, 2017 in Brazil

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...

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